EUR/USD

EURUSD Technical Analysis today is in a bearish trend. The Euro Dollar is trading at $1.1127, as prices are trading below most of the moving average intersections as shown on the chart below. The MACD indicator also indicates the end of the positive trend and the beginning of the negative trend. Accordingly, we can consider selling by waiting for a drop to $1.1102, and the target area could be $1.1065. It is also recommended to choose the $1.1167 area as a stop loss point to control the risks.
EURUSD Technical Analysis: On the other hand
On the other hand, if the $1.1167 resistance area is broken, the Euro price may head towards $1.1189.
EURUSD Technical Analysis: Resistance and support levels
• Second resistance: 1.1175
• First resistance: 1.1153
• Pivot level: 1.1133
• First support: 1.1111
• Second support: 1.1091