Daily Technical Analysis Of EURUSD - Monday, April 10

By AAATrade of aaatrade.com

Apr 10, 2023 at 10:10 AM EDT

Looking at EURUSD’s chart, we can see that the Forex pair has been mainly traded above the level of $1.09 in the past few days.

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Spotlight on EURUSD. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.

EURUSD

Looking at EURUSD’s chart, we can see that the Forex pair has been mainly traded above the level of $1.09 in the past few days. Currently, it is traded at the rate of $1.09 after testing the support level at around $1.0880. Today, if it stays above the level of $1.0880-1.09, then we could see it rising toward its resistance level at around $1.0970. If it falls below the level of $1.0880, then it should further drop toward its next support level at around $1.0830.

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AAATrade's Daily Technical Analysis of EURUSD - 10/04/2023

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