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EURUSD is stable – Analysis - 30-03-2018
The EURUSD pair hovers around 1.2304 level and moves above it now, to keep the bullish trend valid until now, supported by stochastic positivity that appears clearly on the four hours’ time frame, waiting to surpass 1.2350 level to ease the mission of heading towards 1.2536 as a next station.
Note that we might witness calm and weak trades today affected by the financial markets’ holidays, reminding you that holding above 1.2304 represents key condition to continue the expected rise.
Expected trading range for today is between 1.2250 support and 1.2400 resistance.
Expected trend for today: Bullish
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The EURUSD pair settles around 1.2304 level, and the bullish trend scenario still valid as long as the price remains intact above this level, supported by stochastic positivity, waiting to head towards 1.2536 that represents our next main target, reminding you that breaking 1.2304 will push the price to visit 1.2160 areas before any new attempt to rise.
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