EURUSD Technical Analysis today is in a weak uptrend. As shown in the chart below. The Euro Dollar is trading at $1.0885, 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 $1.0896, and the target could be the $1.0911 area. It is also recommended to choose the $1.0862 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 $1.0862 is broken, the GBP Dollar price may head towards the $1.0853 level.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.0902
- First resistance: 1.0895
- Pivot level: 1.0887
- First support: 1.0880
- Second support: 1.0872
