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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 Forex pair is traded 5 pips above its support level at $1.10345.

Yesterday ECB raised the interest rate by 0.25% and signals more hikes, and the FX pair fell at the support level of $1.10 though it managed to hold above that rate.

Today, if it manages to hold above the level of $1.1030, then we should see it rising toward the resistance level at around $1.1080, otherwise, it could test the next support level at around $1.0950.

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