On EURUSD chart the bear unsuccessful attempt is observable which gives a signal for long positions. Still, there is not a fast grow in this pair. Trading above the level of 30 and 50 of moving averages indicates the effort of bull traders to have the market on their own side.
The support rests at 1.21620 with resistance at 1.21730 which the price is moving below the Pivot Point at 1.21660 located between the lines. The EMA of 10 is moving in bullish bias and it is below EMA of 100 and above the EMA of 200. The RSI is moving in the level of 50, the MACD histogram is in positive territory with a crossover signal showing a buy opportunity and the Stochastic is moving in high ranges and generated a sell crossover signal. The ADX is moving horizontally.

• There is resistance at 1.21730, followed by resistance at 1.21770 and 1.21840.
• There is support at 1.21620 Below, there is 1.21550 and 1.21510.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.

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