Image Source: Pixabay
 

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 is traded in a short range, between $1.0640 and $1.0720. Currently, it is being traded near the low end of the range at around $1.0657. We do expect it to hold above the support level of $1.0640 and to be traded at this range, until the FED’s speech tonight where the direction will be shaped.  

(Click on image to enlarge)

More By This Author:

Daily Technical Analysis Of GBPUSD – Tuesday, Feb. 21
Intraday Technical Analysis Of Home Depot Inc. - Tuesday, Feb. 21
Daily Technical Analysis Of EURUSD - Monday, Feb. 20