Technical analysis of EUR/USD for May 23, 2022
The EUR/USD pair climbed from 1.0564 to 1.0697 and closed at the price of 1.0689. But, this week we note that the market opens below the level of 1.0697. Please, note that the resistance stands at the levels of 1.0697 and 1.0750 in the daily time frame. In the longer term, the strong resistance at 1.0750 continues to represent a major hurdle.