EURUSD Technical Analysis: Uptrend

EURUSD Technical Analysis today is in an uptrend. As shown in the chart below. The Euro Dollar is trading at $1.0865, and trading appears above most of the moving average crossovers, as the MACD indicator indicates a positive trend. Accordingly, we can look to buy from the rise to $1.0875, and the target could be the $1.0892 area. It is also recommended to choose the $1.0838 area as a stop loss point to control the risks.

EURUSD Technical Analysis: On the other hand

On the other hand, if the buy zone at $1.0838 is broken, the GBP Dollar price may head towards the $1.0826 level.

EURUSD Technical Analysis

EURUSD Technical Analysis: Resistance and support levels

  • Second resistance: 1.0879
  • First resistance: 1.0873
  • Pivot level: 1.0863
  • First support: 1.0857
  • Second support: 1.0847
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