The EURTRY fluctuates within the bullish track – Analysis – 4-8-2022

Economies.com
2022-08-04 05:55AM UTC

The EURTRY pair lost its positive momentum recently, which pushed it to form correctional bearish rebound to touch 18.1425, noting that the main stability within the bullish channel and the moving average 55 attempt to form additional support by settling at 18.0280 allow us to wait to gather the positive momentum again, to manage to achieve positive gains by rallying towards 18.3345 followed by reaching the additional barrier at 18.5110.

 

The expected trading range for today is between 18.1160 and 18.3345

 

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The expected trend for today: Bullish

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