The EURUSD builds intraday support base – Analysis - 15-04-2019

Economies.com
2019-04-15 04:26AM UTC

The EURUSD pair settled above the EMA50, to get good support base that supports the chances of achieving more gains on the intraday basis, reminding you that surpassing 1.1350 will push the price towards 1.1443 as a next main target.

 

Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless the price managed to break 1.1235 followed by 1.1180 levels and hold below them, as breaking these levels will press on the price to resume the bearish track on the short term basis and push to visit 1.1100 initially.

 

The expected trading range for today is between 1.1235 support and 1.1420 resistance.

 

The expected trend for today: Bullish temporarily

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