EUR USD Technical Analysis May 26, 2023
The EUR declined 0.25% against the USD on Thursday and closed at 1.0725. Today in the European session, while EUR USD technical Analysis May 26, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0734, which is 0.09% higher than yesterday’s close.
The pair is expected to find support at 1.0710 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 1.0740, and a rise-through could take it to the next resistance level of 1.0750. Today’s expected trading range is between 1.0650 support and 1.0795 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0710
Support 2: 1.0685
Support 3: 1.0650
Important resistance levels:
Resistance 1: 1.0740
Resistance 2: 0.0750
Resistance 3: 0.0795
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