At trading in Asia on Thursday, the EUR/USD currency pair is trading with a slight increase in quotations, remaining within the current support level at 1.1292 and at the resistance level at 1.1379. The four-hour chart continues to develop in the area slightly above exponential moving averages, demonstrating the strengthening of the upward potential of this market in the short term.
The moving averages with a period of 21 and 55 days slowed down, turned up and formed a buy signal, which indicates the strengthening of the upward potential of this market in the short term.
The technical picture also indicates the strengthening of bulls in this market, since the MACD histogram remains in the area slightly above its central line, and the strength indicator of the current RSI movement has risen to the 60 line, confirming the strengthening upward dynamics of this market in the short term.
Thus, we intend to buy this trading instrument today.