EURUSD Technical Analysis Today is in an upward trend. The Euro Dollar is trading at $1.1163, as the price appears to be trading below most of the moving average crosses shown on the chart. The MACD indicator also indicates a weak negative trend, and accordingly, we can consider selling from the decline to $1.1151, and the target area could be $1.1134. It is also recommended to choose the $1.1181 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.1181 sell area is broken, the Euro price may head towards $1.1192.
EURUSD Technical Analysis: Resistance and support levels
- Second resistance: 1.1173
- First resistance: 1.1168
- Pivot level: 1.1165
- First support: 1.1160
- Second support: 1.1157
