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EUR USD Technical Analysis June 6, 2023

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EUR USD Technical Analysis June 6, 2023

The EUR rose 0.03% against the USD on Monday and closed at 1.0712. Today in the European session, while EUR USD technical Analysis June 6, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0680, which is 0.30% lower than yesterday’s close.

The pair is expected to find support at 1.0675 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 1.0730, and a rise-through could take it to the next resistance level of 1.0760. Today’s expected trading range is between 1.0635 support and 1.0775 resistance.

The expected trend for today is Bearish

Important support levels:

Support 1: 1.0675
Support 2: 1.0665
Support 3: 1.0635

Important resistance levels:

Resistance 1: 1.0730
Resistance 2: 0.0760
Resistance 3: 0.0775

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