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 in a downtrend today, and it is currently traded 25 pips above its support level, at the rate of $1.0735. Today, if it holds above the support level of $1.07-1.0710, we could expect it to rise towards its resistance level at around $1.0820. Its direction will also depend on the US’ announcements at 15:30 (GMT+3) on durable goods orders and on the PCE price index.  

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