EURUSD Technical Analysis The Euro Dollar pair closed at $1.0428, as trading appears above most of the moving average intersections as shown on the chart. The MACD indicator also indicates the emergence of a positive trend. Accordingly, we can look to buy in the first sessions of this week, which is the Asian session, from the rise to $1.0439, and the target area could be $1.0456. It is also recommended to choose the $1.0407 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.0407 sell area is broken, the Euro price may head towards $1.0397.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.0455
- First resistance: 1.0441
- Pivot level: 1.0435
- Second support: 1.0422
- First support: 1.0415
