- EUR/USD was seen circulating near the 1.0830 region on Friday after the European session, approaching the highest daily domain.
- Despite the mixed oscillator signals, the short and long -term moving averages support the continuous ups of the husband.
- Support appears about 1.0790-1.0810, while the resistance stands near 1.0845; MACD flashing a sale, but the bias of the direction is still optimistic.
EUR/USD extended its upward track on Friday, as it moved near the 1.0830 region after the European session and wandered the top side of the trading range per day. The pair has gained strength, reflecting the investor’s appetite for the euro despite mixed signals in the short term. Technicians reveal an ongoing upward background, supported by the average supportive movement, although caution is still with the passage of the volatile on neutral to negativity.
Mixed momentum indicators. The short -term relative indicator is neutral at 5.91, and when it is combined with the random indicator, it confirms that there is no clear directional motor. The average medium rapprochement (MACD) is a signal signal, while the long -term RSI (14) is about 57 years old. The force of the bull bear remains marginally negative, indicating a slight frequency despite the recent gains.
However, moving averages draw a more optimistic image. The simple 20 -day moving average (SMA) at 1.0791, which is 100 days at 1.0518, and 200 days at 1.0729 all the conditions of the signals, which enhances the prevailing bullish structure. Additional support from the SISESESANS average for 30 days (1.0709) and SMA (1.0682) enhances this view.
On the negative side, support levels are found at 1.0810, 1.0791 and 1.0785. The resistance is found near 1.0845, a major area, if breached, it can open the door for a higher stretching. While the upscale conditions continue, traders may need to move in volatile signs of the vibrations where the husband works to merge the gains.
The euro graph/daily dollar
