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- EUR / USD is trading near a one-month high
EUR / USD is trading near a one-month high
Today, the EUR / USD pair is trading with an increase from $1.1860 to $1.1900, having regained most of the positions lost during US trading on Friday (from $1.1910 to $1.1850). On the hourly chart, the pair is trading above the moving average line MA (200) H1 ($1.1820) and on the four - hour chart-slightly above MA (200) H4 ($1.1860). In this situation, it is probably worth sticking to the northern direction in trading, and you should look for exit points to buy.
⦁ Resistance levels are: $1.1910, $1.1945, $1.1975
⦁ Support levels are: $1.1850, $1.1820, $1.1750-70
The main scenario for promoting the pair - a break of the resistance of $1.1910 (July 30 high) and there may be an increase to $1.1945 (June 28 high)
An alternative scenario - correction and there may be a decrease to $1.1850 (July 30 low)
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