EUR USD Technical Analysis December 8, 2022
The EUR rose 0.36% against the USD on Wednesday and closed at 1.0503. Today in the European session, while EUR USD technical Analysis December 8, 2022, is prepared at 5:00 GMT, the pair is trading at 1.0499, which is 0.04% lower than yesterday’s close.
The pair is expected to find support at 1.0445 and a fall through could take it to the next support level of 1.0430. The pair is expected to find its first resistance at 1.0550, and a rise through could take it to the next resistance level of 1.0592. Today’s expected trading range is between 1.0395 support and 1.0660 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0445
Support 2: 1.0430
Support 3: 1.0395
Important resistance levels:
Resistance 1: 1.0550
Resistance 2: 0.0592
Resistance 3: 0.0660
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