End of day analysis for EURUSD 26-07-2017

Economies.com
2017-07-26 19:21PM UTC

The EURUSD pair rallies upwards clearly by today's end affected by the FOMC statement, to approach from our main waited target at 1.1760, noting that the continuation of the bullish rally and breaching the mentioned level will extend the pair's gains to reach 1.2000 barrier on the near term basis.

 

Therefore, the bullish trend will remain expected for the upcoming period supported by stochastic, conditioned by holding above 1.1575 level.

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