EUR USD Technical Analysis December 12, 2022
The EUR declined 0.20% against the USD on Friday and closed at 1.0533. Today in the European session, while EUR USD technical Analysis December 12, 2022, is prepared at 5:00 GMT, the pair is trading at 1.0557, which is 0.23% higher than yesterday’s close.
The pair is expected to find support at 1.0505 and a fall through could take it to the next support level of 1.0490. The pair is expected to find its first resistance at 1.0565, and a rise through could take it to the next resistance level of 1.0580. Today’s expected trading range is between 1.0445 support and 1.0590 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0505
Support 2: 1.0490
Support 3: 1.0445
Important resistance levels:
Resistance 1: 1.0565
Resistance 2: 0.0580
Resistance 3: 0.0590
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