EURUSD gathers the positive momentum – Analysis - 26-05-2017

Economies.com
2017-05-26 03:10AM UTC

The sideways range still dominating the EURUSD pair's recent trading, noticing that stochastic approaches from the oversold areas, while the EMA50 keeps providing the positive support to the price.

 

Therefore, these factors encourage us to keep our bullish overview, which targets testing 1.1365 level as a next main station, reminding you that holding above 1.1123 represents key condition to continue the suggested rise.

 

Expected trading range for today is between 1.1123 support and 1.1320 resistance.

 

Expected trend for today: Bullish

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