EURUSD tests the triangle’s resistance – Analysis - 17-04-2018
Economies.com
2018-04-17 03:39AM UTC
The EURUSD pair fluctuates around the symmetrical triangle’s resistance that appears on the chart, waiting to confirm breaching this level to get strong positive motive that supports the chances of heading towards our main waited target at 1.2536.
In general, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 1.2304 and holding below it, noting that stochastic negativity interprets the reasons of the current sideways fluctuation around the mentioned resistance.
Expected trading range for today is between 1.2300 support and 1.2480 resistance.
Expected trend for today: Bullish
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