EUR/USD Price Analysis: Further upside targets the 1.0773/86 band

Market news

10 January 2023

EUR/USD Price Analysis: Further upside targets the 1.0773/86 band

EUR/USD seems to have met some resistance near 1.0760.
Further upside could see the June 2022 high retested.

EUR/USD falters just ahead of Monday’s monthly peaks around 1.0760 on Tuesday.

In case bulls remain in control, the pair should surpass the January high at 1.0760 (January 9) and then attempt a move to the June 2022 high at 1.0773 (June 27) followed by the May 2022 top at 1.0786 (May 30).

In the meantime, further gains remain in store for the pair while above the 200-day SMA at 1.0309.

EUR/USD daily chart

Currencies. Daily history for Tuesday, January 10, 2023

Commodities. Daily history for Monday, January 9, 2023

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