EURUSD Technical Analysis The Euro Dollar pair closed at $1.0975, as prices are trading below most of the moving average crosses shown on the chart. The MACD indicator also indicates a negative trend, and accordingly, we can consider selling in the first sessions of this week, which is the Asian session, from a decline to a price of $1.0940, and the target area could be $1.0896. It is also recommended to choose the $1.1029 area as a stop loss point to control risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.1029 buy zone is broken, the Euro price may head towards the $1.1065 level.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.0983
- First resistance: 1.0980
- Pivot level: 1.0975
- Second support: 1.0967
- First support: 1.0964
