EUR USD Technical Analysis December 5, 2022
The EUR rose 0.18% against the USD on Friday and closed at 1.0540. Today in the European session, while EUR USD technical Analysis December 5, 2022, is prepared at 5:00 GMT, the pair is trading at 1.0567, which is 0.27% higher than yesterday’s close.
The pair is expected to find support at 1.0520 and a fall through could take it to the next support level of 1.0465. The pair is expected to find its first resistance at 1.0582, and a rise through could take it to the next resistance level of 1.0610. Today’s expected trading range is between 1.0430 support and 1.0650 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0520
Support 2: 1.0465
Support 3: 1.0430
Important resistance levels:
Resistance 1: 1.0582
Resistance 2: 0.0610
Resistance 3: 0.0650