EURUSD breaches the resistance – Analysis - 08-01-2019

Economies.com
2019-01-08 04:59AM UTC

The EURUSD pair ended yesterday’s trading above 1.1443 level, to stop the recently suggested negative scenario and lead the price to turn to rise, targeting 1.1550 followed by 1.1705 levels mainly.

 

Therefore, the bullish bias will be suggested in the upcoming sessions unless breaking 1.1443 level and holding below it again.

 

Expected trading range for today is between 1.1350 support and 1.1540 resistance.

 

Expected trend for today: Bullish

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