EUR USD Technical Analysis May 31, 2023
The EUR rose 0.23% against the USD on Tuesday and closed at 1.0734. Today in the European session, while EUR USD technical Analysis May 31, 2023, is prepared at 5:00 GMT, the pair is trading at 1.0674, which is 0.56% 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 1.0655. The pair is expected to find its first resistance at 1.0735, and a rise-through could take it to the next resistance level of 1.0745. Today’s expected trading range is between 1.0610 support and 1.0755 resistance.
The expected trend for today is Bearish
Important support levels:
Support 1: 1.0675
Support 2: 1.0655
Support 3: 1.0610
Important resistance levels:
Resistance 1: 1.0735
Resistance 2: 0.0745
Resistance 3: 0.0755
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