EURUSD Technical Analysis: bullish trading

EURUSD Technical Analysis: EUR/USD is in an upward trend today. The Euro/Dollar is trading at $1.0739, where prices appear to be trading 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 the price of $1.0750, and the target area could be $1.0773. It is also recommended to choose the $1.0707 area as a stop loss point to control risk.

EURUSD Technical Analysis: On the other hand

On the other hand, if the $1.0707 sell area is broken, the euro price may head towards the $1.0697 level.


EURUSD Technical Analysis: resistance and support levels

  • Second resistance: 1.0747
  • First resistance: 1.0742
  • Pivot level: 1.0738
  • First support: 1.0733
  • Second support: 1.0729
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