Daily Technical Analysis Of EURUSD - Wednesday, Dec. 7
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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 after the FX pair reached the level of $1.06, it started falling to the current rate of $1.0461. which is close to its support level of $1.0450. If it manages to hold it above that level today, then we could expect it to rise towards its first resistance level at around $1.0530, otherwise, it should continue to fall towards its next support level at around $1.0430.
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