The EURUSD approaches the target – Analysis - 18-10-2019

Economies.com
2019-10-18 05:08AM UTC

The EURUSD pair settled above 1.1100 barrier after the bullish rally that it witnessed yesterday, and the way is open to achieve our main waited target at 1.1180, noting that breaching this level will extend the bullish wave to reach 1.1280 as a next main station.

 

Therefore, the bullish bias will remain suggested in the upcoming sessions unless breaking 1.1040 level and holding below it.

 

The expected trading range for today is between 1.1040 support and 1.1220 resistance.

 

The expected trend for today: Bullish

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