EURUSD keeps its positive stability – Analysis - 16-04-2018
Economies.com
2018-04-16 03:54AM UTC
The EURUSD pair keeps its stability above the key support 1.2304, noticing that the price still within the symmetrical triangle that appears on the chart, thus, our bullish overview will remain active until now, and the price needs to breach 1.2385 to get strong positive momentum that supports the chances of heading towards our next main target at 1.2536.
On the other hand, we should note that breaking 1.2304 might push the price to visit 1.2230 followed by 1.2160 areas before any new attempt to rise.
Expected trading range for today is between 1.2250 support and 1.2430 resistance.
Expected trend for today: Bullish
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