EUR USD Technical Analysis March 7, 2023
The EUR rose 0.54% against the USD on Monday and closed at 1.0683. Today in the European session, while EUR USD technical Analysis March 7, 2023, is prepared at 5:00 GMT, the pair is trading at 1.06635, which is 0.18% lower than yesterday’s close.
The pair is expected to find support at 1.0655 and a fall-through could take it to the next support level of 1.0625. The pair is expected to find its first resistance at 1.0692, and a rise-through could take it to the next resistance level of 1.0700. Today’s expected trading range is between 1.0535 support and 1.0740 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 1.0655
Support 2: 1.0625
Support 3: 1.0590
Important resistance levels:
Resistance 1: 1.0692
Resistance 2: 0.0700
Resistance 3: 0.0740
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