Daily Technical Analysis Of EURUSD - Wednesday, Jan. 4

Bank Note, Euro, Bills, Paper Money

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 dropped from above the level of $1.07 to its support level at around $1.0530 and now it is traded at around $1.0578. Its resistance level is located around $1.0615-1.0625 and if it is not able to break through it today, then we could see it dropping below its current support level, approaching the next one at around $1.0450. On the other hand, it could approach its next resistance level at around $1.0660.

(Click on image to enlarge)

AAATrade's Daily Technical Analysis of EURUSD – 04/01/2023


More By This Author:

Daily Technical Analysis Of XAUUSD - Tuesday, Jan. 3
Intraday Technical Analysis Of Constellation Brands Inc.
Daily Technical Analysis Of EURUSD - Tuesday, Dec. 27

Disclaimer: We also offer CFD products. 72.13% 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 ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.