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The EURTRY tests the support – Analysis – 17-8-2022
The EURTRY pair ended the correctional bearish rebound by testing the bullish channel’s support line at 18.1650 followed by renewing its positive action by rallying towards 18.2840, noticing the consolidation of the moving average 55 near the major support to confirm confining trades within the bullish track and wait to record many targets by reaching 18.3820 followed by pressing on 18.5580 that forms the first main target of the bullish trades.
The expected trading range for today is between 18.2110 and 18.5580
The expected trend for today: Bullish
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