EURUSD Technical Analysis today is in an uptrend. The Euro Dollar is trading at $1.1119, as prices are 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 $1.1127, and the target area could be $1.1150. It is also recommended to choose the $1.1114 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.1114 sell area is broken, the Euro price may head towards $1.1085.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.1175
- First resistance: 1.1140
- Pivot level: 1.1120
- First support: 1.1100
- Second support: 1.1080
