- EUR / USD is negotiated near the 1.1300 zone after obtaining modestly during the session on Friday.
- Mixed short -term indicators contrast with a long -term structure largely raised.
- The key support is just below, while the resistance aligns near the recent peaks.
Friday, the EUR / USD pair progressed, negotiating near the 1,1300 zone after the European session. The price action remained contained in the range of the day, reflecting a constant demand despite mixed Momentum signals. The broader technical image, however, remains constructive, with long-term averages reinforcing the underlying biacent.
Technically, the pair has a mixed but generally positive perspective. The relative resistance index is found in neutral territory around 52, suggesting a balanced momentum without immediate superchant pressure. The difference in mobile average convergence, however, continues to flash a sales signal, indicating that short -term gains can face resistance. Meanwhile, the Williams Percentage range and the momentum of 10 periods both suggest a purchase, adding a counterweight to the more prudent tone of the MacD.
The wider structure is clearly tilted upwards. The single mobile averages of 100 days and 200 days, positioned well below the current levels, remain firmly optimistic, reflecting a sustained request in the medium term. Supporting these prospects are the simple 30 -day exponential and mobile averages, both both higher and instead just under a current price action, providing dynamic support. On the other hand, the 20-day SMA is slightly above the stain and can act as short-term resistance, capping immediate gains.
The support is located at 1.1226, 1,1225 and 1,1209. The resistance is at 1.1266, 1,1273 and 1,1302. A sustained movement above the immediate resistance strip could confirm the wider upward trend, while a drop below the nearby support can trigger a brief corrective decline.
Daily graphic
