Daily Technical Analysis Of EURUSD - Thursday, Jan. 12

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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 FX pair gained value ahead of the CPI announcement. Currently, it is traded slightly below its resistance level which is located at around $1.0760. 

Today it is expected to be traded at a short range between $1.0730 and $1.0765 until the CPI announcement which will define the direction of the pair.

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AAATrade's Daily Technical Analysis of EURUSD - 12/01/2023


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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 ...

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