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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 rose until its resistance level at around $1.0915 and then corrected towards its support level at around $1.0820. Today, if it holds the rate above that support level, then we should expect it to react upwards toward its soft resistance level at around $1.0880 before testing again at the level of $1.09. If it fails to hold it above that support level, then we could expect it to test the next support level at around $1.0760-1.0770.

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