Daily Technical Analysis Of EURUSD - Friday, March 31

person using MacBook Pro on table

Image Source: Unsplash

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 weekly chart, we can see that the FX pair topped twice at its resistance level at around $1.0920 and currently it is traded at around $1.0904. Today, if it holds the level of $1.09, then we could see it rising above that resistance level to a new year’s high rate, otherwise, it should drop towards the support level of around $1.0840. Today, the European CPI and the US PCE Price Index will be announced, which will play a significant part in the direction of the forex pair.

(Click on image to enlarge)

AAATrade's Daily Technical Analysis of EURUSD - 31/03/2023

More By This Author:

Daily Technical Analysis Of USDJPY - Thursday, March 30
Technical Analysis Of Paychex Inc.
Daily Technical Analysis Of EURUSD - Wednesday, March 29

Disclaimer: We also offer CFD products. 71.19% 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 ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.