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EUR USD Technical Analysis December 20, 2022

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EUR USD Technical Analysis December 20, 2022

The EUR rose 0.20% against the USD on Monday and closed at 1.0606. Today in the European session, while EUR USD technical Analysis December 20, 2022, is prepared at 5:00 GMT, the pair is trading at 1.0617, which is 0.11% higher than yesterday’s close.

The pair is expected to find support at 1.0582 and a fall through could take it to the next support level of 1.0570. The pair is expected to find its first resistance at 1.0650, and a rise through could take it to the next resistance level of 1.0660. Today’s expected trading range is between 1.0530 support and 1.0730 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0582
Support 2: 1.0570
Support 3: 1.0530

Important resistance levels:

Resistance 1: 1.0650
Resistance 2: 0.0660
Resistance 3: 0.0730

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