EURUSD Technical Analysis The Euro Dollar pair closed at $1.1163, as prices are trading below most of the moving average crosses shown on the chart. The MACD indicator also indicates a weak positive trend. Accordingly, we can look to buy in the first sessions of this week, which is the Asian session, from the rise to $1.1173, and the target area could be $1.1188. It is also recommended to choose the $1.1138 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.1138 sell area is broken, the Euro price may head towards $1.1127.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.1171
- First resistance: 1.1168
- Pivot level: 1.1165
- Second support: 1.1159
- First support: 1.1156
