The EURUSD confirms the breach - 20-11-2023

Economies.com
2023-11-20 04:12AM UTC

The EURUSD pair rallied upwards after confirming breaching 1.0860 level, to approach the suggested positive target at 1.0960, and we expect the continuation of the bullish bias to surpass this level and achieve additional bullish correction that its next target reaches 1.1080 areas.

 

Therefore, the bullish bias will be suggested in the upcoming sessions, affected by the positive pattern that its signs appear on the chart, supported by the EMA50, noting that the continuation of the bullish wave requires holding above 1.0860.

 

Advertistment

The expected trading range for today is between 1.0860 support and 1.1010 resistance.

 

The expected trend for today: Bullish

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