EUR USD Technical Analysis January 31, 2023
The EUR declined 0.08% against the USD on Monday and closed at 1.0850. Today in the European session, while EUR USD technical Analysis January 31, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0827, which is 0.22% lower than yesterday’s close.
The pair is expected to find support at 1.0805 and a fall-through could take it to the next support level of 1.0785. The pair is expected to find its first resistance at 1.0860, and a rise-through could take it to the next resistance level of 1.0895. Today’s expected trading range is between 1.0770 support and 1.0910 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0805
Support 2: 1.0785
Support 3: 1.0770
Important resistance levels:
Resistance 1: 1.0860
Resistance 2: 0.0895
Resistance 3: 0.0910
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