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EUR USD Technical Analysis January 12, 2023

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EUR USD Technical Analysis January 12, 2023

The EUR rose 0.21% against the USD on Wednesday and closed at 1.0755. Today in the European session, while EUR USD technical Analysis January 12, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0762, which is 0.06% higher than yesterday’s close.

The pair is expected to find support at 1.0725 and a fall-through could take it to the next support level of 1.0710. The pair is expected to find its first resistance at 1.0775, and a rise-through could take it to the next resistance level of 1.0790. Today’s expected trading range is between 1.0660 support and 1.0830 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0745
Support 2: 1.0730
Support 3: 1.0660

Important resistance levels:

Resistance 1: 1.0775
Resistance 2: 0.0790
Resistance 3: 0.0830

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