- The EUR/USD quotes near the 1,1300 zone after a strong upward movement in the Friday session
- The MACD emits a purchase signal while the RSI shows overcompra conditions
- Key Smas reinforce the bullish bias, with support observed in the range of 1.11–1.1000
He EUR/USD He extended his recovery on Friday, rising abruptly and moving near the area of 1,1300 after the European session. With the pair positioned in the average range between 1,1187 and 1,1473, the bulls are still in control, pushing new maximums of the year in the midst of a renewed appetite for the risk.
The indicators Technicians show a strong upward configuration, although a certain caution arises. The relative force index (RSI) is located at 75.43, hinting over overcompra conditions, while the MACD continues to generate a clear purchase signal. The stochastic %K in 74.94 and the amazing oscillator at 0.03 remain neutral, suggesting that the impulse can be stabilized in the short term.
The broader trend remains constructive, supported by mobile socks on a rising slope. The 20 -day SMA in 1,09102, the 100 -day SMA in 1.05556 and the 200 -day SMA in 1,07427 suggest a sustained bullish pressure. Short -term mobile socks such as the EMA of 10 days (1,10273) and the 10 -day SMA (1,09813) reinforce the current upward impulse.
Looking ahead, support levels are observed in 1,11728, 1,1103 and 1,10273. On the positive side, operators can look for a possible continuation towards the 1.14 zone if the bullish breakdown is maintained, although slightly overcompricated conditions can cause a pause or a shorter correction in the short term.
EUR/USD daily graphics
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.