- EUR/USD trading near 1.1300 areas after returning early acquisitions during the Post-European session.
- The bullish trend remains intact, even though the intraday signals show conflicting momentum.
- Long -term averages support upside down, while resistance appears just above the current range.
The EUR/USD pair held a Bearish tone on Thursday, after a moderate moderate following the European session. The price action is enclosed within a mid-range zone around the 1.1300 mark, reflecting a brief pause in the upward momentum. Although short-term indicators show mixed signals-along with the MACD that has been negative and the RSI walking through the neutral territory-the general structure is supported by strong-based indicators, keeping consumers control over the wider narrative.
Technically, EUR/USD continues to display a bullish structure. The Kamag -child -child index remains neutral near 55, indicating that there is still room for either direction. Meanwhile. Both the wonderful oscillator and the stochastic RSI fast are neutral, boosting the idea that momentum is stuck so far.
The spine of the bullish case is on the moving averages. The 20-day, 100-day, and 200-day simple moving averages-all below the current price-teaches higher, offering strong support for ongoing upside down. The 30-day EMA and SMA also return to the trend, providing dynamic support just under the current trading zone.
The main support levels can be found at 1.1275, 1.1258, and 1.1224. The resistance stands at 1.1334, 1.1337, and 1.1379.
Sunny chart
