Daily Technical Analysis Of EURUSD - Wednesday, Jan. 4
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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 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.
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