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EUR USD Technical Analysis May 25, 2023

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EUR USD Technical Analysis May 25, 2023

The EUR declined 0.19% against the USD on Wednesday and closed at 1.0750. Today in the European session, while EUR USD technical Analysis May 25, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0723, which is 0.25% lower than yesterday’s close.

The pair is expected to find support at 1.0715 and a fall-through could take it to the next support level of 1.0685. The pair is expected to find its first resistance at 1.0765, and a rise-through could take it to the next resistance level of 1.0795. Today’s expected trading range is between 1.0650 support and 1.0825 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0715
Support 2: 1.0685
Support 3: 1.0650

Important resistance levels:

Resistance 1: 1.0765
Resistance 2: 0.0795
Resistance 3: 0.0825

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