Daily Technical Analysis Of EURUSD - Monday, Jan. 23

Looking at EURUSD’s chart, we can see that after spiking around the rate of $1.0925, the FX pair is currently being traded slightly below the level of $1.09, at $1.0897.

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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 after spiking around the rate of $1.0925, the FX pair is currently being traded slightly below the level of $1.09, at $1.0897. If it fails to pass the resistance level at around 1.0925, then we should expect it to test its support level at around $1.0840-1.0860, where an upward reaction could be expected.

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AAATrade's Daily Technical Analysis of EURUSD - 23/01/2023


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