EURUSD Technical Analysis The Euro Dollar pair closed at $1.1190, as prices appear to be trading above most of the moving average crosses 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 $1.1207, and the target area could be $1.1230. It is also recommended to choose the $1.1159 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.1159 sell area is broken, the Euro price may head towards $1.1144.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.1196
- First resistance: 1.1193
- Pivot level: 1.1190
- Second support: 1.1187
- First support: 1.1184
