EURUSD approaches the support – Analysis - 14-01-2019

The EURUSD pair settles near the key support 1.1443 and keeps its stability above this level until now, noticing that the price meets this level to add more strength to it, which keeps the bullish trend scenario valid until now, depending on the price stability above the mentioned level, waiting to target 1.1550 followed by 1.1705 levels as next stations.

We should note that breaking 1.1443 will stop the expected rise and press on the price to achieve negative targets that start at 1.1320 and extend to 1.1181.

Expected trading range for today is between 1.1400 support and 1.1550 resistance.

Expected trend for today: Bullish