EURUSD Technical Analysis at $1.09224, where trading appears above most of the moving average intersections as shown on the chart. The MACD indicator also indicates the emergence of a positive trend, and accordingly, we can look to buy in the first sessions, which is the Asian session, from the rise to $1.09548, and the target area could be $1.70017. It is also recommended to choose the $1.08610 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.08610 sell area is broken, the euro price may head towards $1.08229.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.09408
- First resistance: 1.09346
- Pivot level: 1.09235
- Second support: 1.09171
- First support: 1.09067
