EURUSD Technical Analysis today is bullish, as shown in the chart below. The Euro Dollar is trading at 1.09418, with trading above most of the moving average crossovers. The MACD indicator also indicates a positive trend. Accordingly, we can consider buying from a rise to 1.09518, with a target of 1.09713. It is also recommended to choose the 1.09168 area as a stop-loss point to control risk.
EURUSD Technical Analysis: On the other hand,
if the sell zone at 1.09168 is broken, the Euro Dollar may head towards 1.09107.
EURUSD Technical Analysis: Resistance and Support Levels
- Second Resistance: 1.09498
- First Resistance: 1.09467
- Pivot Level: 1.09436
- First Support: 1.09375
- Second Support: 1.09343
