EURUSD breaches the resistance – Analysis - 14-12-2017
Economies.com
2017-12-14 05:02AM UTC
The EURUSD pair rallied upwards to breach 1.1808 level and close the daily candlestick above it, which stops the negative effect of the double top pattern and push the price to attempt to regain the main bullish trend, on its way to achieve more gains in the upcoming period.
Therefore, the bullish trend will be suggested for today, and the expected targets begin at 1.1965 and extend to 1.2100, noting that breaking 1.1808 will push the price to target 1.1679 areas again.
Expected trading range for today is between 1.1765 support and 1.1965 resistance.
Expected trend for today: Bullish
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