Looking at EURUSD’s chart, we can see that the FX pair is being traded at around $1.055, showing recovering signs from the level of $1.05. Its resistance level is located at around $1.0580 and its support level at around $1.05.
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.
Looking at EURUSD’s chart, we can see that the FX pair is being traded at around $1.055, showing recovering signs from the level of $1.05. Its resistance level is located at around $1.0580 and its support level at around $1.05. Today we could expect the rate to be traded at that level until the announcement of the CPI at 15:30 (GMT+2) where the direction will be clear based on the actual CPI.
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