July 4, 2024

EURUSD Technical Analysis is in an upward trend today. The Euro/Dollar is trading at $1.0798, 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 $1.0812, and the target area could be $1.0834. It is also recommended to choose the $1.0767 area as a stop loss point to control risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.0767 sell area is broken, the euro price may head towards the $1.0755 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0815
• First resistance: 1.0807
• Pivot level: 1.0802
• First support: 1.0794
• Second support: 1.0789