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EUR USD Technical Analysis June 12, 2023

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EUR USD Technical Analysis June 12, 2023

The EUR declined 0.29% against the USD on Friday and closed at 1.0749. Today in the European session, while EUR USD technical Analysis June 12, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0781, which is 0.30% higher than yesterday’s close.

The pair is expected to find support at 1.0735 and a fall-through could take it to the next support level of 1.0705. The pair is expected to find its first resistance at 1.0785, and a rise-through could take it to the next resistance level of 1.0800. Today’s expected trading range is between 1.0890 support and 1.0825 resistance.

The expected trend for today is Bullish

Important support levels:

Support 1: 1.0735
Support 2: 1.0705
Support 3: 1.0690

Important resistance levels:

Resistance 1: 1.0785
Resistance 2: 0.0800
Resistance 3: 0.0825

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