EUR USD Technical Analysis 23 May 2022
The EUR declined 0.25% against the USD on Friday and closed at 1.0558. Today in the Asian session, while EUR USD technical Analysis 23 May 2022, is preparing at 5:15 GMT, the pair is trading at 1.2587, which is 0.27% higher than yesterday’s close.
The pair is expected to find support at 1.0555 and a fall through could take it to the next support level of 1.0532. The pair is expected to find its first resistance at 1.0606, and a rise through could take it to the next resistance level of 1.0640. Today’s expected trading range is between 1.0460 support and 1.0640 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0555
Support 2: 1.0532
Support 3: 1.0460
Important resistance levels:
Resistance 1: 1.0595
Resistance 2: 1.0605
Resistance 3: 1.0640
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