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EUR USD Technical Analysis February 17, 2023

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EUR USD Technical Analysis February 17, 2023

The EUR declined 0.15% against the USD on Thursday and closed at 1.0671. Today in the European session, while EUR USD technical Analysis February 17, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0651, which is 0.19% lower than yesterday’s close.

The pair is expected to find support at 1.0615 and a fall-through could take it to the next support level of 1.0590. The pair is expected to find its first resistance at 1.0660, and a rise-through could take it to the next resistance level of 1.0680. Today’s expected trading range is between 1.0570 support and 1.0715 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0615
Support 2: 1.0590
Support 3: 1.0570

Important resistance levels:

Resistance 1: 1.0660
Resistance 2: 0.0680
Resistance 3: 0.0715

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