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EUR USD Technical Analysis May 15, 2023

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EUR USD Technical Analysis May 15, 2023

The EUR rose 0.62% against the USD on Friday and closed at 1.0849. Today in the European session, while EUR USD technical Analysis May 15, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0878, which is 0.26% higher than yesterday’s close.

The pair is expected to find support at 1.0845 and a fall-through could take it to the next support level of 1.0830. The pair is expected to find its first resistance at 1.0900, and a rise-through could take it to the next resistance level of 1.0930. Today’s expected trading range is between 1.0790 support and 1.0945 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0845
Support 2: 1.0830
Support 3: 1.0790

Important resistance levels:

Resistance 1: 1.0900
Resistance 2: 0.0930
Resistance 3: 0.0945

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