EUR USD Technical Analysis June 16, 2023
The EUR rose 1.09% against the USD on Thursday and closed at 1.0945. Today in the European session, while EUR USD technical Analysis June 16, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0950, which is 0.05% higher than yesterday’s close.
The pair is expected to find support at 1.0935 and a fall-through could take it to the next support level of 1.0900. The pair is expected to find its first resistance at 1.0970, and a rise-through could take it to the next resistance level of 1.0995. Today’s expected trading range is between 1.0860 support and 1.1050 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0935
Support 2: 1.0900
Support 3: 1.0860
Important resistance levels:
Resistance 1: 1.0970
Resistance 2: 0.0995
Resistance 3: 0.1050
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