EURUSD Technical Analysis today is in an upward trend. As shown in the chart below. The Euro Dollar is trading at 1.0510, and trading appears above most of the moving average intersections, and the MACD indicator indicates a positive trend. Accordingly, we can look to buy from the rise to 1.0521 dollars, and the target could be the 1.0536 dollars area. It is also recommended to choose the 1.0490 dollars area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the selling area at 1.0490 dollars is broken, the Euro Dollar price may head towards the 1.0478 dollars level.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.0524
- First resistance: 1.0517
- Pivot level: 1.0506
- First support: 1.0499
- Second support: 1.0488
