EURUSD tests the resistance – Analysis - 13-02-2018
Economies.com
2018-02-13 04:58AM UTC
The EURUSD pair begins to test the key resistance 1.2300 now, and the price needs to breach this level to reinforce the expectations of continuing the bullish trend and stop the bearish correction that dominated the recent trades.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by holding above 1.2226, reminding you that our main waited targets begin at 1.2390 and extend to 1.2536 after breaching the previous level.
Expected trading range for today is between 1.2226 support and 1.2390 resistance.
Expected trend for today: Bullish
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