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 yesterday, the Forex pair peaked at around $1.1065, which is also its resistance level, and then corrected to $1.0970, which is also the support level, whereas now it has upwardly moved at the current rate of $1.1023. If this reaction continues in the same direction, then it should be expected to re-approach the resistance level and if it is unable to pass it, then it might be corrected below the level of $1.10.

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