The EURUSD crawls upwards – Analysis - 26-02-2019

Economies.com
2019-02-26 05:35AM UTC

The EURUSD pair shows slight positive trades on its way to test the key resistance 1.1390, which represents one of the next trend keys represented by the mentioned resistance and 1.1300 support, and as we mentioned in our recent reports, the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.

 

We remind you that breaching the resistance will push the price to achieve positive targets that begin at 1.1443 followed by 1.1550, while breaking the support will lead the price to resume the bearish bias that its next main target located at 1.1180.

 

The expected trading range for today is between 1.1280 support and 1.1450 resistance.

 

The expected trend for today: Neutral

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