EURUSD Technical Analysis today is in a downward trend. As the euro dollar is trading at $ 1.1037, as it appears to trade prices under most of the moving average intersections shown on the chart. The MACD indicator also indicates a negative trend and accordingly, we can look to sell from the decline to $ 1.1025, and the target area could be $ 1.1006. It is also recommended to choose the $ 1.1055 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $ 1.1055 buy area is broken, the euro price may head towards $ 1.1066.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.1062
- First resistance: 1.1052
- Pivot level: 1.1045
- First support: 1.1028
- Second support: 1.1018
