Daily Technical Analysis Of EURUSD - Monday, March 20
Photo by Ibrahim Boran on 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.
EURUSD
Looking at EURUSD’s chart, we can see that the FX pair fell from the level of around $1.0750 to the current level of approximately $1.0660. Its resistance level is located at around $1.0680 and the support level at around $1.0615. Today, it seems it will re-test the resistance level and if it is able to break through it, then we could expect it to rise towards the next resistance level which is located at around $1.0740, though if it fails to pass the first resistance level, then we should expect it to test the support level.
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