EUR USD Technical Analysis January 4, 2023
The EUR declined 1.10% against the USD on Wednesday and closed at 1.0547. Today in the European session, while EUR USD technical Analysis January 4, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0615, which is 0.65% lower than yesterday’s close.
The pair is expected to find support at 1.0540 and a fall-through could take it to the next support level of 1.0520. The pair is expected to find its first resistance at 1.0635, and a rise through could take it to the next resistance level of 1.0650. Today’s expected trading range is between 1.0480 support and 1.0680 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0540
Support 2: 1.0520
Support 3: 1.0480
Important resistance levels:
Resistance 1: 1.0635
Resistance 2: 0.0650
Resistance 3: 0.0680
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