EUR/USD

July 12, 2024

EURUSD Technical Analysis: EUR/USD is in an upward trend today. The Euro/Dollar is trading at $1.0866, 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 sell from a drop to the price of $1.0859, and the target area could be $1.0848. It is also recommended to choose the $1.0879 area as a stop loss point to control risk.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.0879 buy zone is broken, the euro price may head towards the $1.0885 level.
EURUSD Technical Analysis: resistance and support levels
• Second resistance: 1.0874
• First resistance: 1.0872
• Pivot level: 1.0869
• First support: 1.0864
• Second support: 1.0862