EUR USD Technical Analysis February 7, 2023
The EUR declined 0.59% against the USD on Monday and closed at 1.0725. Today in the European session, while EUR USD technical Analysis February 7, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0700, which is 0.23% higher than yesterday’s close.
The pair is expected to find support at 1.0690 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 1.0740, and a rise-through could take it to the next resistance level of 1.0780. Today’s expected trading range is between 1.0630 support and 1.0800 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0690
Support 2: 1.0665
Support 3: 1.0630
Important resistance levels:
Resistance 1: 1.0740
Resistance 2: 0.0780
Resistance 3: 0.0800
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