EURUSD tests the support – Analysis - 01-02-2019
Economies.com
2019-02-01 05:10AM UTC
The EURUSD pair ended yesterday’s trading above 1.1443 level, to keep the chances valid to resume the expected bullish trend for the upcoming period, which targets 1.1550 followed by 1.1705 levels as next main stations.
The EMA50 continues to support the suggested bullish wave, noting that breaking 1.1443 and holding below it will push the price back to the bearish track that its next targets located at 1.1300 followed by 1.1181.
Expected trading range for today is between 1.1370 support and 1.1550 resistance.
Expected trend for today: Bullish
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