EUR USD Technical Analysis January 6, 2023
The EUR declined 0.77% against the USD on Thursday and closed at 1.0520. Today in the European session, while EUR USD technical Analysis January 6, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0505, which is 0.13% lower than yesterday’s close.
The pair is expected to find support at 1.0480 and a fall-through could take it to the next support level of 1.0445. The pair is expected to find its first resistance at 1.0560, and a rise through could take it to the next resistance level of 1.0595. Today’s expected trading range is between 1.0400 support and 1.0635 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0480
Support 2: 1.0445
Support 3: 1.0400
Important resistance levels:
Resistance 1: 1.0560
Resistance 2: 0.0595
Resistance 3: 0.0635
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