EUR USD continues the breaching attempts – Analysis -28/04/2015
Economies.com
2015-04-28 05:03AM UTC
The EURUSD pair made new attempts to breach 1.0900 level, but it couldn’t settle above this level, to keep fluctuating in sideways track near the mentioned level, while the EMA50 continues to support the price from below, which encourages us to keep preferring the bullish trend in the upcoming period, waiting for the extension of the bullish wave towards 1.1000 then 1.1400.
We remind you that achieving the suggested targets depend on the stability above 1.0710 level.
Expected trading range for today is between 1.0750 support and 1.1000 resistance.
Expected trend for today: Bullish
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