EUR/USD PRICE ANALYSIS: Bulls push about 1,0900 as the bullish impulse is strengthened

• The EUR/USD quotes near the 1,0900 zone after solid profits in the session on Wednesday after European hours.
• Despite the mixed signals of the impulse indicators, the price remains supported by a strong structure of upward mobile socks.
• The support is found in 1,0841 and 1,0824; The climb is limited by the recent maximums about 1,0860.

The EUR/USD extended its ascending trajectory on Wednesday, climbing towards the upper end of its recent rank and was last seen near the 1,0900 zone after the European session. The torque registered a solid gain during the day, since the market maintained a positive feeling towards the risk, with technical indicators supporting a short -term upward vision despite the mixed signs of the oscillators.

Daily graph

Technical perspectives remain constructive in general. The relative force index (RSI) is 60.50, neutral but increasing. The indicator of convergence/divergence of mobile socks (MACD) shows a sale signal, while the percentage range of Williams (WPR) in -45.00 and the amazing oscillator about 0.01 remain neutral, highlighting a lack of conviction in the impulse despite the increasing pricing action.

However, the structure of mobile socks supports a bullish vision. The single mobile average (SMA) of 20 days in 1,0841, the 100 -day in 1,0521 and the 200 -day in 1,0731 are all aligned upwards. In addition, the 10 -day EMA and the 10 -day SMA, both around the 1.0810–1.0820 area, further reinforce the upward inclination.

Down, immediate support levels are found in 1,0841, 1,0840 and 1,0824. The resistance, on the other hand, is concentrated near the area of ​​1,0861, where the upper part of the daily range can limit additional advances unless the impulse accelerates.