EUR USD Technical Analysis May 23, 2023
The EUR rose 0.06% against the USD on Tuesday and closed at 1.0812. Today in the European session, while EUR USD technical Analysis May 23, 2023, is prepared at 5:00 GMT, the pair is trading at 1.07777, which is 0.33% lower than yesterday’s close.
The pair is expected to find support at 1.0770 and a fall-through could take it to the next support level of 1.0760. The pair is expected to find its first resistance at 1.0810, and a rise-through could take it to the next resistance level of 1.0830. Today’s expected trading range is between 1.0705 support and 1.0845 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0770
Support 2: 1.0760
Support 3: 1.0705
Important resistance levels:
Resistance 1: 1.0810
Resistance 2: 0.0830
Resistance 3: 0.0845
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