The EURUSD closes positively – Analysis - 24-11-2020
Economies.com
2020-11-24 02:38AM UTC
The EURUSD pair ended yesterday above the intraday bullish channel’s support line after the sharp decline that it witnessed in the previous sessions, which keeps the bullish trend scenario valid and active for the upcoming period, which targets 1.2011 level mainly.
We should note that holding above 1.1835 is important to achieve the waited targets, as breaking it will put the price under negative pressure and expected decline towards 1.1720 areas before any new attempt to rise.
The expected trading range for today is between 1.1780 support and 1.1940 resistance.
The expected trend for today: Bullish
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