EURUSD Technical Analysis The EUR/USD pair closed at $1.0705, where prices appear to be trading below 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 in the first session of this week, which is the Asian session, from falling to the price of $1.0690, and the target area could be $1.0666. It is also recommended to choose the $1.0736 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.0736 buy zone is broken, the euro price may head towards the $1.0752 level.
EURUSD Technical Analysis: resistance and support levels
- Second resistance: 1.0711
- First resistance: 1.0709
- Pivot level: 1.0704
- Second support: 1.0697
- First support: 1.0695
