The EURUSD breaches the resistance – Analysis - 13-03-2019

Economies.com
2019-03-13 05:04AM UTC

The EURUSD pair ended yesterday’s trading above 1.1270 level, to activate the bullish trend scenario in the upcoming sessions, expecting the continuation of the rise to target 1.1420 level mainly.

 

Therefore, the bullish bias will be expected for today unless breaking 1.1270 level and holding below it, as this break will put the price under the negative pressure again, to head towards 1.1180 initially.

 

The expected trading range for today is between 1.1200 support and 1.1380 resistance.

 

The expected trend for today: Bullish

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