Daily Technical Analysis Of EURUSD - Friday, June 9
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 currently traded at the rate of around $1.0778, 28 pips above its support level, with a direction towards its resistance level. Today, it should be expected for the rate to test its resistance level at around $1.0830 and if it is not able to pass it then a retreat towards the level of $1.0750 should be expected, otherwise it could approach the next resistance level at around $1.0880.
(Click on image to enlarge)
AAATrade Market Research Department.
For further inquiries, please don't hesitate to contact us at dta@aaatrade.com.
Get the full advantage of trading stocks with AAATrade. Open an account now.
More By This Author:
Daily Technical Analysis Of USDJPY - Thursday, June 8
Technical Analysis Of Fuelcell Energy Inc.
Qualitative Analysis: Inflation - In Theory And Practicality
Disclaimer: We also offer CFD products. 70.91% of retail CFD accounts lose money. CFDs trading is risky and your entire capital might be at risk. Information presented herein, is not to be ...
more