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EUR USD Technical Analysis February 2, 2023

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EUR USD Technical Analysis February 2, 2023

The EUR rose 1.16% against the USD on Wednesday and closed at 1.0988. Today in the European session, while EUR USD technical Analysis February 2, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0952, which is 0.33% higher than yesterday’s close.

The pair is expected to find support at 1.0930 and a fall-through could take it to the next support level of 1.0910. The pair is expected to find its first resistance at 1.1030, and a rise-through could take it to the next resistance level of 1.1045. Today’s expected trading range is between 1.0890 support and 1.1090 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0930
Support 2: 1.0910
Support 3: 1.0890

Important resistance levels:

Resistance 1: 1.1030
Resistance 2: 0.1045
Resistance 3: 0.1090

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