EURUSD Technical Analysis The Euro Dollar pair closed at $1.1052, as prices are trading below most of the moving average intersections shown on the chart. The MACD indicator also indicates a negative trend, and accordingly, we can consider selling in the first sessions of this week, which is the Asian session, from a decline to a price of $1.1041, and the target area could be $1.1018. It is also recommended to choose the $1.1077 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.1077 buy area is broken, the Euro price may head towards the $1.1091 level.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.1058
- First resistance: 1.1054
- Pivot level: 1.1052
- Second support: 1.1048
- First support: 1.1046
