- EUR/USD trades near the 1,1350 zone, disappearing during Wednesday's session after previous benefits.
- The wider bullish prejudice remains intact, supported by strong positioning of short -term and long -term moving medium -sized medium -sized mediums.
- The key support is 1.1265 and 1.1212, while the resistance level is about 1.1354 and 1.1390.
After the European session in Europe after Wednesday EUR/USD They were seen moving down to 1.1350 towards the area, retreating from earlier heights. Despite this day's softness, a couple of bullish outlets maintains a large amount of its moving medium -sized positioning. Technical indicators such as the relative strength index (RSI), the difference in the moving medium approach (MACD) and the freight channel index (CCI) provide a more cautious tone, indicating that the current dive may be part of a healthy repair within a wider trend.
The 20-day SMA at 1.1265 continues to provide immediate support, while the 100-day and 200-day SMA-so-higher-influence will be a longer-term bullish case. The 30-day mother (1,1162) and 30-day SMA (1.1113) also confirm the structure. But the momentum indicators Reflect hesitation: RSI floats slightly above the operated territory, MACD shows a slight different discrepancy, and both the CCI and the bull forces remain neutral.
Monitor support levels include 1.1265, 1.1258 and 1.1212. From the back, the obstacle is limited to 1.1354 close to 1.1377 and 1.1390. Until the EUR/USD is above its main movements, the bullish narrative remains despite the short -term consolidation.
Daily chart
