EURUSD surpasses the first target – Analysis - 10-01-2019

Economies.com
2019-01-10 04:56AM UTC

The EURUSD pair begins today’s trading with more rise to breach 1.1550 level and settles above it, opening the way to head towards our next waited target at 1.1705, to keep the bullish trend active in the upcoming period, supported by moving above the EMA50.

 

We should note that breaking 1.1510 might press on the price to test 1.1443 areas before any new attempt to rise.

 

Expected trading range for today is between 1.1500 support and 1.1680 resistance.

 

Expected trend for today: Bullish

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