EUR USD Technical Analysis June 5, 2023
The EUR declined 0.50% against the USD on Friday and closed at 1.0705. Today in the European session, while EUR USD technical Analysis June 5, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0688, which is 0.15% lower than yesterday’s close.
The pair is expected to find support at 1.0685 and a fall-through could take it to the next support level of 1.0665. The pair is expected to find its first resistance at 1.0705, and a rise-through could take it to the next resistance level of 1.0760. Today’s expected trading range is between 1.0635 support and 1.0775 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0685
Support 2: 1.0665
Support 3: 1.0635
Important resistance levels:
Resistance 1: 1.0705
Resistance 2: 0.0760
Resistance 3: 0.0775
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