EURUSD gets the positive momentum – Analysis - 20-02-2017
Economies.com
2017-02-20 05:29AM UTC
The EURUSD pair provided negative trading in last Friday to approach from the critical support at 1.0581, noticing that stochastic got rid its negativity and gains clear positive momentum now on the four hours time frame, forming positive motive that we wait to assist to push the price to rise again.
Therefore, we keep preferring the bullish trend in the upcoming period, and the main condition is represented by holding above 1.0581 level, reminding you that our main targets begin at 1.0731 and extend to 1.0852.
Expected trading range for today is between 1.0550 support and 1.0731 resistance.
Expected trend for today: Bullish
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