The EURUSD continues the attempts to breach – Analysis - 25-02-2021
Economies.com
2021-02-25 05:12AM UTC
The EURUSD pair shows more attempts to breach 1.2173 level, as it begins today with new bullish bias to test the mentioned level, supported by the EMA50 that continues to carry the price from below, which supports the continuation of our bullish overview, which targets 1.2300 as a next main station.
On the other hand, we should note that breaking 1.2120 will put the price under intraday negative pressure that targets testing 1.2064 areas before any new attempt to rise.
The expected trading range for today is between 1.2100 support and 1.2260 resistance.
The expected trend for today: Bullish
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