EURUSD continues to rally – Analysis - 15-01-2018
Economies.com
2018-01-15 04:58AM UTC
The EURUSD pair managed to surpass the bullish channel's resistance that appears on the chart, which provides more signals to the continuation of the bullish trend on the short term basis, waiting to test 1.2300 level that represents our next main station, noting that breaching this level will extend the pair's gains to reach 1.2565.
Therefore, we will continue to suggest the bullish trend in the upcoming period conditioned by the price stability above 1.2092.
Expected trading range for today is between 1.2130 support and 1.2300 resistance.
Expected trend for today: Bullish
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