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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 below its resistance t level at $1.1045.

Today, if it fails to pass the resistance level then it should test the next two support levels at around $1.10 and $1.0970. On the other hand, if it manages to break through the resistance level at around $1.1050, and keep it above that level for the day, then it should rise to test the next resistance level at around $1.1080.

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