EUR USD Technical Analysis February 28, 2023
The EUR rose 0.60% against the USD on Tuesday and closed at 1.0609. Today in the European session, while EUR USD technical Analysis February 28, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0611, which is 0.02% higher than yesterday’s close.
The pair is expected to find support at 1.0585 and a fall-through could take it to the next support level of 1.0555. The pair is expected to find its first resistance at 1.0625, and a rise-through could take it to the next resistance level of 1.0640. Today’s expected trading range is between 1.0535 support and 1.0660 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0585
Support 2: 1.0555
Support 3: 1.0535
Important resistance levels:
Resistance 1: 1.0625
Resistance 2: 0.0640
Resistance 3: 0.0660
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