EUR/USD

July 16, 2024

EURUSD Technical Analysis: EUR/USD is in an upward trend today. The Euro/Dollar is trading at $1.0911, where prices appear to be trading above most of the moving average intersections shown on the chart. The MACD indicator also indicates a positive trend and accordingly, we can look to buy from the rise to the price of $1.0919, and the target area could be $1.0936. It is also recommended to choose the $1.0890 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.0890 sell area is broken, the euro price may head towards the $1.0879 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0919
• First resistance: 1.0919
• Pivot level: 1.0915
• First support: 1.0908
• Second support: 1.0903

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