July 1, 2024

EURUSD Technical Analysis The EUR/USD pair closed at $1.0710, where prices appear to be trading above most of the moving average intersections shown on the chart. The MACD indicator also indicates a weak positive trend and, accordingly, we can look to buy in the first session of this week, which is the Asian session, from the rise to the price of $1.0715, and the target area could be $1.0725. It is also recommended to choose the $1.0696 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.0696 sell area is broken, the euro price may head towards the $1.0690 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0717
• First resistance: 1.0714
• Pivot level: 1.0710
• Second support: 1.0703
• First support: 1.0700