Forex
The EURUSD breaches the resistance – Analysis - 09-04-2021
2021-04-09 03:44:42 GMT
(Economies.com)
The EURUSD pair breached 1.1885 level clearly and closed the daily candlestick above it, which stops yesterday’s suggested negative scenario and leads the price to achieve more expected gains in the upcoming sessions, on its way to visit 1.1975 initially.
Therefore, the bullish bias will be suggested for today unless breaking 1.1885 and holding below it again, noting that breaching the targeted level will extend the bullish wave to reach 1.2064 as a next positive station.
The expected trading range for today is between 1.1830 support and 1.1990 resistance.
The expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.2133
|
-0.0040
|
0.3323%
|
|
|
|
|
1.4117
|
-0.0019
|
0.1372%
|
|
|
|
Tadawul
|
10322.68
|
86.96
|
0.85%
|
|
|
|
|
27.395
|
-0.409
|
1.471%
|
|
|
|
|
65.381
|
-0.011
|
0.017%
|
|
|
|
|
68.55
|
0.41
|
0.60%
|
|
|
|
|
1829.835
|
-14.390
|
0.780%
|
|
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