- EUR / USD is negotiated around the area of the middle of 13 / 1.14 after winning during the session on Monday.
- Global bruising signals supported by key mobile averages, despite mixed Momentum indicators.
- The support is nearly 1,1350 and 1,1340, with resistance found around 1.1380.
After the European session on Monday, EUR / USD was seen swinging near the mid -1.14 middle zone, now a positive tone during the day with a modest gain. Despite the RSI holding a neutral position and the macD turn signal, the wider technical configuration remains tilted upwards. Momentum indicators and key mobile averages continue to support the upper sight, while the levels of immediate support and resistance define a well -designed beach around recent action.
The technical image of the pair shows a mixed but global constructive bias. The relative resistance index (RSI) is around 63, suggesting a neutral tone without strong surachat or occurrence conditions. Meanwhile, the indicator of divergence of mobile average convergence (MacD) points to a slight down divergence, contrasting with the momentum indicator, which leans positively and the power indicator of the bull bear that remains flat.
However, the main optimistic conviction stems from the positioning of mobile averages. The simple 20 -day mobile average (SMA) is aligned around 1.1208, comfortably below the current location, while the SMA of 100 days and 200 days, at 1.0651 and 1.0771 respectively, validate the bullish case. In addition, the exponential mobile averages of 10 days and 30 days (EMAS) were placed respectively around 1.1341 and 1,1130, continue to strengthen positive perspectives.
In terms of levels to be monitored, immediate support is 1.1354, followed by almost 1.1341 and deeper to 1,1230. Uplining, the resistance awaits 1.1380, which, if it were cleared, could open the door to additional gains to the upper parts of the recent commercial beach.
Daily graphic
