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EUR USD Technical Analysis March 9, 2023

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EUR USD Technical Analysis March 9, 2023

The EUR declined 0.03% against the USD on Wednesday and closed at 1.0544. Today in the European session, while EUR USD technical Analysis March 9, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0566, which is 0.21% higher than yesterday’s close.

The pair is expected to find support at 1.0525 and a fall-through could take it to the next support level of 1.0490. The pair is expected to find its first resistance at 1.0580, and a rise-through could take it to the next resistance level of 1.0590. Today’s expected trading range is between 1.0445 support and 1.0625 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0540
Support 2: 1.0525
Support 3: 1.0490

Important resistance levels:

Resistance 1: 1.0580
Resistance 2: 0.0590
Resistance 3: 0.0625

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