EUR USD Technical Analysis February 8, 2023
The EUR rose 0.02% against the USD on Tuesday and closed at 1.0727. Today in the European session, while EUR USD technical Analysis February 8, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0735, which is 0.07% higher than yesterday’s close.
The pair is expected to find support at 1.0725 and a fall-through could take it to the next support level of 1.0670. The pair is expected to find its first resistance at 1.0760, and a rise-through could take it to the next resistance level of 1.0800. Today’s expected trading range is between 1.0630 support and 1.0800 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0735
Support 2: 1.0670
Support 3: 1.0630
Important resistance levels:
Resistance 1: 1.0760
Resistance 2: 0.0800
Resistance 3: 0.0800
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