The bulls press about its highest fresh levels, as the pair trading over the 1.1300 area
- The euro/US dollar was trading near the 1.1300 region after a strong rise in Friday’s session
- MACD flashing signal, while RSI filled with excessive peak lands
- The SMAS key boosts the rise, with the support seen in the 1.11-1.1000 range
the Euro/dollars The pair extended his gathering on Friday, rose sharply and moved near the 1.1300 region after the European session. With a medium -range pair between 1.1187 and 1.1473, the bulls remain in control, pushing towards high levels of this year amid a renewed appetite.
idiomatic Indicators Show a strong upward preparation, although some caution appears. The RSI (RSI) Index stands at 75.43, hints at excessive conditions in the peak, while Macd continues to create a clear purchase. Both randoms % K at 74.94 and the wonderful oscillator at 0.03 remain neutral, indicating that the momentum may settle in the short term.
The broader trend remains, supported by an escalating moving average. SMA for 20 days at 1.09102, SMA for 100 days at 1.05556, and SMA for 200 days at 1.07427 all indicates continuous upward pressure. The short -term transfer averages such as EMA are strengthened for 10 days (1.10273) and 10 days SMA (1.09813) continuous bullish momentum.
We look forward to the future, support levels are at 1.11728, 1.1103 and 1.10273. In the upward direction, traders may search for a possible continuation of the 1.14 handle if the upscale collapse is reserved, although excessive conditions at their peak may temporarily push or a simple correction in the near -term.
The euro graph/daily dollar
