EUR USD Technical Analysis May 10, 2023
The EUR declined 0.36% against the USD on Tuesday and closed at 1.0960. Today in the European session, while EUR USD technical Analysis May 10, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0951, which is 0.08% lower than yesterday’s close.
The pair is expected to find support at 1.0945 and a fall-through could take it to the next support level of 1.0920. The pair is expected to find its first resistance at 1.0980, and a rise-through could take it to the next resistance level of 1.1000. Today’s expected trading range is between 1.0900 support and 1.1050 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0945
Support 2: 1.0920
Support 3: 1.0900
Important resistance levels:
Resistance 1: 1.0980
Resistance 2: 0.1000
Resistance 3: 0.1050
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