EUR USD Technical Analysis January 5, 2023
The EUR rose 0.53% against the USD on Thursday and closed at 1.0603. Today in the European session, while EUR USD technical Analysis January 5, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0616, which is 0.12% higher than yesterday’s close.
The pair is expected to find support at 1.0590 and a fall-through could take it to the next support level of 1.0550. The pair is expected to find its first resistance at 1.0635, and a rise through could take it to the next resistance level of 1.0650. Today’s expected trading range is between 1.0520 support and 1.0680 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0590
Support 2: 1.0550
Support 3: 1.0520
Important resistance levels:
Resistance 1: 1.0635
Resistance 2: 0.0650
Resistance 3: 0.0680
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