The EURUSD continues to rise – Analysis - 11-01-2022
Economies.com
2022-01-11 04:48AM UTC
The EURUSD pair shows new bullish bias to approach gradually from 1.1375 level, which hints heading to surpass this level and open the way to achieve more expected gains on the intraday basis, supported by stochastic positivity.
Therefore, the bullish bias will be expected for the upcoming sessions, and breaching 1.1375 will confirm rallying towards 1.1500 followed by 1.1560 levels as next positive targets, taking into consideration that breaking 1.1285 will stop the expected rise and press on the price to decline again.
The expected trading range for today is between 1.1285 support and 1.1420 resistance.
The expected trend for today: Bullish
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