EURUSD is moving in the support area and it seems it tries to settle below the support at 1.19000. Having this successful movement, we can expect a movement toward resistance area.
The support rests at 1.19020 with resistance at 1.19440 which the price is moving below the Pivot Point at 1.19240 located between the lines. We can see the price movement in support area. The EMA of 10 is moving horizontally below EMA of 100 and above the EMA of 200. The RSI is moving toward the level of 50, the MACD histogram is in negative territory generating a crossover signal showing a buy opportunity and the Stochastic is moving in low ranges. The ADX is showing upward momentum.

• There is resistance at 1.19440, followed by resistance at 1.19660 and 1.19860.
• There is support at 1.19020 Below, there is 1.18820 and 1.18600.

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.

EURUSDanalysis