Daily Technical Analysis Of EURUSD - Friday, Feb. 17

By AAATrade of AAATrade.com

Friday, February 17, 2023 9:19 AM EST

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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 the last Tuesday’s announcement on CPI, the FX pair is currently on a downtrend, and it is currently traded at the rate of around $1.0645. Today we could expect it to be traded below its resistance level which is located at around $1.07-1.0720, whereas its support level is located at around $1.0630.

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AAATrade's Daily Technical Analysis of EURUSD - 17/02/2023

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