The EURUSD attempts positively – Analysis - 20-01-2023

Economies.com
1 week ago

The EURUSD pair crawls upwards to move away from the EMA50, reinforcing the expectations of continuing the bullish trend in the upcoming period, which targets 1.0915 level as a next main station.

 

The price might witness some temporary sideways fluctuation affected by stochastic negativity before resuming the expected rise, taking into consideration that holding above 1.0745 is important to achieve the positive targets.

 

The expected trading range for today is between 1.0760 support and 1.0930 resistance.

 

The expected trend for today: Bullish

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