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
