Daily Technical Analysis Of EURUSD - Wednesday, May 31

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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.


Looking at EURUSD’s chart, we can see that the FX pair has been in a downtrend in the past month, and it is currently traded at the rate of around $1.0685 after failing to pass the resistance level at around $1.0750. Today, we should expect it to test the support level at around $1.0670 and if it fails to stay afloat, then it could drift lower towards the level of $1.06-1.0630.

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AAATrade's Daily Technical Analysis of EURUSD - 31/05/2023

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