EURUSD attempts positively – Analysis - 29-06-2016
Economies.com
2016-06-28 23:48PM UTC
The EURUSD pair made several attempts to breach 1.1067 level yesterday, but without getting a daily close above it, noticing that stochastic attempts to get rid of its negativity and gaining the positive momentum gradually.
Therefore, we believe that the chances will be available for providing positive trading in the upcoming sessions and opening the way towards targeting 1.1196 level mainly, and the price needs a four hours close above 1.1067 level initially to reinforce the expectations of moving higher, which will remain valid and active for today unless breaking 1.1025 level and holding below it.
Expected trading range for today is between 1.1000 support and 1.1196 resistance.
Expected trend for today: Bullish
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