The EURUSD completes the positive pattern – Analysis - 13-04-2021

2021-04-13 03:13:56 GMT (Economies.com)
 

The EURUSD pair managed to breach the bullish pennant’s resistance and closed the daily candlestick above it, to activate the positive effect of this pattern and get a positive motive that we are waiting to assist to push the price to resume the expected bullish trend for the upcoming period, which targets 1.1975 level as a next station.

 

Therefore, the bullish trend scenario will remain valid and active on the intraday basis unless breaking 1.1880 level and holding below it.

 

The expected trading range for today is between 1.1830 support and 1.1980 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2061
0.0008
0.0697%
1.3894
0.0000
0.0014%
Tadawul
10228.35
-26.53
0.26%
27.308
0.789
2.975%
64.791
0.881
1.379%
68.11
-0.85
1.23%
1813.740
24.155
1.350%
 
 
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