Technical Analysis Of EURUSD - Friday, April 21

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 Forex pair had peaked at around $1.1070 and then corrected to the current rate of around $1.0950. Today, if it manages to hold it above the support level of around $1.0930, then we could see it rising towards the resistance level at around $1.0980, otherwise it should fall to test the next support level at around $1.0880.

(Click on image to enlarge)

AAATrade's Daily Technical Analysis of EURUSD - 21/04/2023

AAATrade Market Research Department.

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