The Euro was trading positively against the US dollar, after it managed to break the 1.1720 resistance level.<\/p>\n\n\n\n
Technically, the current moves are stabilizing above 1.1800 and with a look at the 240-minute chart, we find that the SMA 50 is showing a positive motive with the RSI trying to obtain positive signals.<\/p>\n\n\n\n
Our view tends to be positive with the regular movement inside the ascending price channel, noting that trading above 1.1820 opens the door to 1.1870 \/ 1.1865, noting that the price stability above 1.1875 keeps bullish opportunities intact towards 1.1920.<\/p>\n\n\n\n
From the downside, trading below 1.1770 delays the bullish chances but does not negate it, and we may witness a re-test of the breached resistance, which turned into support of 1.1720, Fib 23.60% before attempting to rise again.<\/p>\n\n\n\n
Warning: the negativity on Stochastic may temporarily pressure the price before rising.<\/p>\n\n\n\n The Euro was trading positively against the US dollar, after it managed to break the 1.1720 resistance level. Technically, the current moves are stabilizing above 1.1800 and with a look at the 240-minute chart, we find that the SMA 50 is showing a positive motive with the RSI trying to obtain positive signals. Our view …<\/p>\n","protected":false},"author":9,"featured_media":35286,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7222,6877,6872,6928],"class_list":["post-35280","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-dollar","tag-eur","tag-euro"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=35280"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35280\/revisions"}],"predecessor-version":[{"id":35287,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/35280\/revisions\/35287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35286"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=35280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=35280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=35280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}S1:\u00a01.1770\u00a0<\/strong><\/strong><\/strong><\/td> R1: 1.1845\u00a0<\/strong><\/strong><\/strong><\/strong><\/td><\/tr> S2:<\/strong>\u00a01.1720\u00a0\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/td> R2:<\/strong>\u00a01.1875\u00a0<\/strong><\/strong><\/strong><\/td><\/tr> S3:\u00a01.1675\u00a0\u00a0\u00a0<\/strong><\/strong><\/strong><\/td> R3: 1.1920 \u00a0\u00a0<\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"