EURUSD confirms the breach – Analysis - 21-09-2018

Economies.com
2018-09-21 03:59AM UTC

The EURUSD pair succeeded to confirm breaching 1.1705 level after closing the daily candlestick above it, to reach the thresholds of our first waited positive target at 1.1800, waiting for more rise that moves organized inside the bullish channel that appears on the chart, reminding you that our next target extends to reach 1.1975.

 

The EMA50 supports the expected rise, which its continuation conditions holding above 1.1705.

 

Expected trading range for today is between 1.1700 support and 1.1900 resistance.

 

Expected trend for today: Bullish

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