Daily Technical Analysis Of EURUSD - Tuesday, Dec. 27

By Staff of AAATrade.com
Tuesday, December 27, 2022 9:55 AM EDT

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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 in the past few days, the FX pair has been trading in a short range between $1.0580 and $1.0650. Currently, it is being traded slightly above that range, giving an uptrend signal.

Today, if it holds above the level of $1.0650-1.0670, we should expect it to test its resistance level of $1.07, and if it breaks through it then it could approach its next strong resistance at around $1.08-1.0830.

(Click on image to enlarge)

AAATrade's Daily Technical Analysis of EURUSD - 27/12/2022

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