EURUSD Technical Analysis today is in an upward trend within the sideways zone. As shown in the chart below. The Euro Dollar is trading at 1.08338, and trading appears above most of the moving average crossovers, and the MACD indicator indicates a positive trend. Accordingly, we can look to buy from the rise to 1.08592 dollars, and the target could be the 1.08937 dollars area. It is also recommended to choose the 1.07945 dollars area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the sell zone at 1.07945 dollars is broken, the Euro Dollar price may head towards the 1.07665 dollars level.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.08621
- First resistance: 1.08493
- Pivot level: 1.08355
- First support: 1.08221
- Second support: 1.08086
