The EURUSD approaches the extended target – Analysis - 03-12-2020

Economies.com
2020-12-03 04:57AM UTC

The EURUSD pair keeps providing the positive trades to approach our extended target at 1.2150, and we suggest the continuation of the bullish trend domination in the upcoming sessions, noting that surpassing the mentioned level will push the price to 1.2300 as a next main station.

 

Therefore, the bullish trend will remain valid and active for the upcoming period conditioned by the price stability above 1.2011.

 

The expected trading range for today is between 1.2050 support and 1.2220 resistance.

 

The expected trend for today: Bullish

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