Daily Technical Analysis Of EURUSD - Monday, Jan. 23

Free stock photo of account, accountancy, accounting

Image Source: Pexels
 

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 after spiking around the rate of $1.0925, the FX pair is currently being traded slightly below the level of $1.09, at $1.0897. If it fails to pass the resistance level at around 1.0925, then we should expect it to test its support level at around $1.0840-1.0860, where an upward reaction could be expected.

(Click on image to enlarge)

AAATrade's Daily Technical Analysis of EURUSD - 23/01/2023


More By This Author:

Daily Technical Analysis Of EURUSD - Friday, Jan. 20
Intraday Technical Analysis Of Procter & Gamble Company
Qualitative Analysis: China, UK, And Global Inflation

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 ...

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

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with