The EURUSD achieves strong gains – Analysis - 13-01-2022

Economies.com
2022-01-13 05:01AM UTC

The EURUSD pair settles around 1.1440 level after the strong bullish rally that it witnessed yesterday, waiting for more rise to visit 1.1500 followed by 1.1560 levels that represent our next main targets.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50 that carries the price from below, noting that holding above 1.1375 is important to achieve the expected targets.

 

The expected trading range for today is between 1.1375 support and 1.1530 resistance.

 

The expected trend for today: Bullish

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