EUR USD Technical Analysis 24 May 2022
The EUR rose 1.18% against the USD on Monday and closed at 1.0690. Today in the Asian session, while EUR USD technical Analysis 24 May 2022, is preparing at 5:15 GMT, the pair is trading at 1.0706, which is 0.14% higher than yesterday’s close.
The pair is expected to find support at 1.0647 and a fall through could take it to the next support level of 1.0597. The pair is expected to find its first resistance at 1.0735, and a rise through could take it to the next resistance level of 1.0765. Today’s expected trading range is between 1.0533 support and 1.0845 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0647
Support 2: 1.0597
Support 3: 1.0533
Important resistance levels:
Resistance 1: 1.0735
Resistance 2: 1.0765
Resistance 3: 1.0845
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