EURUSD FUTURE TECHNICAL ANALYSIS, TRADE SIGNAL AND FOREX TIPS

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EURUSD Technical Analysis: Weekly Chart

EURUSD Technical Analysis

In the weekly charts, EURUSD is trading in a down channel. EURUSD is currently trading below all SMA except MA (5).

RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 1.00600 the resistance level is at 1.01800

EURUSD will trade in a down channel until there is a trend reversal.

EURUSD Technical Analysis: Daily Chart

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