FX.co ★ EUR/USD

Hello traders, in the current situation, it is better to sell the EURUSD pair. On the H1 timeframe, selling levels at 1.1540 and 1.1560 can be considered, confirmed by a moving average above the price. The target could be set at 1.1500, with a stop loss at 1.1580. Selling the pair can also be supported by the MACD indicator, which is in the overbought zone. To confirm the signal, we look at the shorter M15 period.

The fifteen-minute chart also suggests selling, with the moving average on M15 above the price chart. For sales, a resistance level at 1.1550 can be considered. Take profit for sales at 1.1510, with a stop loss around 1.1560. Both charts indicate selling opportunities, as both H1 and M15 confirm the sales.