EURUSD awaits the breach – Analysis - 18-09-2018
Economies.com
2018-09-18 03:43AM UTC
The EURUSD pair fluctuates near 1.1705 level that we are waiting to breach, and the price needs to get strong positive momentum to reinforce the chances of breaching the mentioned level followed by rallying towards our next target at 1.1800.
Until now, the bullish trend scenario still valid as long as the price remains stable above 1.1620 and 1.1554 levels, supported by moving above the EMA50, reminding you that breaking the last level will push the price to test 1.1443 initially before detecting the next destination clearly.
Expected trading range for today is between 1.1600 support and 1.1780 resistance.
Expected trend for today: Bullish
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