EUR USD Technical Analysis March 8, 2023
The EUR declined 1.23% against the USD on Tuesday and closed at 1.0549. Today in the European session, while EUR USD technical Analysis March 8, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0542, which is 0.07% lower than yesterday’s close.
The pair is expected to find support at 1.0525 and a fall-through could take it to the next support level of 1.0490. The pair is expected to find its first resistance at 1.0565, and a rise-through could take it to the next resistance level of 1.0590. Today’s expected trading range is between 1.0445 support and 1.0625 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0525
Support 2: 1.0490
Support 3: 1.0445
Important resistance levels:
Resistance 1: 1.0565
Resistance 2: 0.0590
Resistance 3: 0.0625
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