EUR USD Technical Analysis May 19, 2023
The EUR declined 0.63% against the USD on Thursday and closed at 1.0770. Today in the European session, while EUR USD technical Analysis May 19, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0822, which is 0.47% lower than yesterday’s close.
The pair is expected to find support at 1.0760 and a fall-through could take it to the next support level of 1.0740. The pair is expected to find its first resistance at 1.0820, and a rise-through could take it to the next resistance level of 1.0845. Today’s expected trading range is between 1.0705 support and 1.0870 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0760
Support 2: 1.0740
Support 3: 1.0705
Important resistance levels:
Resistance 1: 1.0820
Resistance 2: 0.0845
Resistance 3: 0.0870
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