The EURUSD awaits the breach – Analysis - 01-11-2019
Economies.com
2019-11-01 05:48AM UTC
The EURUSD pair returns to rise after the decline that it witnessed on yesterday’s evening, to approach 1.1180 level again, getting continuous positive support by the EMA50, waiting to assist to push the price to breach the mentioned level and confirm the extension of the bullish wave towards 1.1280 as a next target.
Therefore, the bullish trend will remain valid and suggested for the upcoming period conditioned by the price stability above 1.1105 and the most important above 1.1065.
The expected trading range for today is between 1.1100 support and 1.1260 resistance.
The expected trend for today: Bullish
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