Daily Technical Analysis Of EURUSD - Monday, July 24

Jul 24, 2023 at 9:40 AM EDT

Looking at EURUSD’s chart, we can see that the EUR lost ground over USD in the previous days, and it is currently trading below its resistance level at around $1.1129.

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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 EUR lost ground over USD in the previous days, and it is currently trading below its resistance level at around $1.1129. Today, if it is able to break through the resistance level which is located at around the rate of $1.1140, then it could rise further towards the next resistance level at around $1.1190-1.12, otherwise, it could drop towards the support level at around $1.1115-1.1120.

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AAATrade's Daily Technical Analysis of EURUSD - 24/07/2023

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