EUR/USD

July 2, 2024

EURUSD Technical Analysis: The EUR/USD is in a weak upward trend today. The Euro/Dollar is trading at $1.0729, where prices appear to trade below 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 sell from a drop to the price of $1.0714, and the target area could be $1.0693. It is also recommended to choose the $1.0748 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.0748 buy zone is broken, the euro price may head towards the $1.0759 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0733
• First resistance: 1.0725
• Pivot level: 1.0725
• First support: 1.0722
• Second support: 1.0717