EUR USD Technical Analysis June 8, 2023
The EUR rose 0.03% against the USD on Wednesday and closed at 1.0698. Today in the European session, while EUR USD technical Analysis June 8, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0729, which is 0.30% higher than yesterday’s close.
The pair is expected to find support at 1.0700 and a fall-through could take it to the next support level of 1.0670. The pair is expected to find its first resistance at 1.0735, and a rise-through could take it to the next resistance level of 1.0760. Today’s expected trading range is between 1.0635 support and 1.0775 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0700
Support 2: 1.0670
Support 3: 1.0635
Important resistance levels:
Resistance 1: 1.0735
Resistance 2: 0.0760
Resistance 3: 0.0775
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