EURUSD Technical Analysis today in an upward trend. As the Euro dollar is trading at $ 1.1077, as it appears to trade prices above most of the moving average intersections shown on the chart. The MACD indicator also indicates a positive trend and accordingly, we can look to buy from the rise to $ 1.1091, and the target area could be $ 1.1110. It is also recommended to choose the $ 1.1057 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $ 1.1057 sell area is broken, the Euro price may head towards $ 1.1047.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.1106
- First resistance: 1.1098
- Pivot level: 1.1088
- First support: 1.1080
- Second support: 1.1070
