EURUSD retests – Analysis - 28-03-2017
Economies.com
2017-03-28 05:11AM UTC
The EURUSD pair retests 1.0852 level that turns into an important support after breaching it yesterday, where the price keeps its stability above this level, accompanied with stochastic reach to the thresholds of the oversold levels, while the EMA50 continues to provide positive support for the price.
Therefore, these factors encourage us to keep our bullish trend expectations, which its next main target located at 1.0973, while its continuation conditioned by holding above 1.0731 level.
Expected trading range for today is between 1.0800 support and 1.0973 resistance.
Expected trend for today: Bullish
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