EUR/USD –23.05.2025

 

The Euro tested the support level of 1.1265 yesterday and managed today to advance and close in on the target of 1.1380.
As we see over the chart, the market is still facing resistance around 1.1380-90 which could lead to a drop inside this trading zone.
Below 1.1265 more of a drop could happen with support at the 1.1180-1.1200 zone.
Above 1.1390 more advance is likely with resistances around 1.1440 and 1.1575.

SUPPORT RESISTANCE
LEVEL1 1.1265 1.1380
LEVEL2 1.1180 1.1440
LEVEL3 1.1100 1.1575

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