EURUSD Technical Analysis The Euro Dollar pair closed at $1.1023, 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 in the first sessions of this week, which is the Asian session, from the rise to $1.1032, and the target area could be $1.1051. It is also recommended to choose the $1.1000 area as a stop loss point to control risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.1000 sell area is broken, the Euro price may head towards $1.0990.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.1034
- First resistance: 1.1030
- Pivot level: 1.1026
- Second support: 1.1020
- First support: 1.1017
