EUR USD Technical Analysis May 30, 2023
The EUR declined 0.13% against the USD on Monday and closed at 1.0709. Today in the European session, while EUR USD technical Analysis May 30, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0730, which is 0.20% higher than yesterday’s close.
The pair is expected to find support at 1.0675 and a fall-through could take it to the next support level of 1.0655. The pair is expected to find its first resistance at 1.0740, and a rise-through could take it to the next resistance level of 1.0755. Today’s expected trading range is between 1.0610 support and 1.0795 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0675
Support 2: 1.0655
Support 3: 1.0610
Important resistance levels:
Resistance 1: 1.0740
Resistance 2: 0.0755
Resistance 3: 0.0795
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