The EURUSD begins positively – Analysis - 23-05-2022

2022-05-23 04:04:10 GMT (Economies.com)
 

The EURUSD pair opens today positively to move away from 1.0550, reinforcing the expectations of continuing the bullish trend, motivated by stochastic positivity that appears clearly now, and we believe that the way is open to achieve our waited target at 1.0670.

 

Note that breaching the mentioned level will lead the price to achieve more bullish correction that its next target reaches 1.0770, while the expected rise will remain valid unless breaking 1.0550 and holding below it.

 

The expected trading range for today is between 1.0520 support and 1.0680 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0361
-0.0080
0.7690%
1.2010
-0.0038
0.3125%
21.185
-0.171
0.801%
78.735
4.306
5.785%
84.98
1.81
2.18%
1752.400
1.925
0.110%
 
 
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