Daily Technical Analysis Of EURUSD - Wednesday, March 1

By AAATrade of AAATrade.com

Mar 1, 2023 at 9:40 AM EST

Looking at EURUSD’s chart, we can see that the FX pair is at around $1.0627 with an upward direction.

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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 FX pair is at around $1.0627 with an upward direction. Today, it could test its soft resistance level at around $1.0640 and if it is able to pass it then it should approach the next resistance level at around $1.0660-1.0680. If it fails to pass it, then it should retreat back towards the support level at around $1.0575-1.0580 and if it is not able to hold it above that level then it could further drop towards its next support level at around $1.0540.

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AAATrade's Daily Technical Analysis of EURUSD - 01/03/2023

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