The EURUSD attempts to return to the channel – Analysis - 16-07-2019
Economies.com
2019-07-16 04:47AM UTC
The EURUSD pair found difficulty to breach 1.1290 level yesterday, to fluctuate around the EMA50, noticing that stochastic shows positive signals now, waiting to motivate the price to resume the positive attempts to breach the mentioned level and confirm heading towards our waited targets that begin at 1.1350 followed by 1.1443.
Therefore, our bullish overview will remain valid for today conditioned by the price stability above 1.1245.
The expected trading range for today is between 1.1200 support and 1.1360 resistance.
The expected trend for today: Bullish
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