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EUR USD Technical Analysis January 17, 2023

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EUR USD Technical Analysis January 17, 2023

The EUR declined 0.11% against the USD on Monday and closed at 1.0821. Today in the European session, while EUR USD technical Analysis January 17, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0823, which is 0.02% higher than yesterday’s close.

The pair is expected to find support at 1.0805 and a fall-through could take it to the next support level of 1.0780. The pair is expected to find its first resistance at 1.0835, and a rise-through could take it to the next resistance level of 1.0870. Today’s expected trading range is between 1.0730 support and 1.0930 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0805
Support 2: 1.0780
Support 3: 1.0730

Important resistance levels:

Resistance 1: 1.0835
Resistance 2: 0.0870
Resistance 3: 0.0830

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