The EURUSD gets a positive signal – Analysis - 24-02-2021
Economies.com
2021-02-24 05:23AM UTC
The EURUSD pair continues to fluctuate around 1.2173 level, noticing that stochastic got rid of its negative momentum and begins to overlap positively now, which supports the chances of breaching the mentioned level and open the way to rally towards our next target that reaches 1.2300.
Therefore, the bullish trend will remain suggested for the upcoming period supported by the EMA50, noting that breaking 1.2120 will press on the price to test the key support 1.2064 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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