The EURUSD gets positive momentum - 31-01-2023

Economies.com
2023-01-31 04:47AM UTC

The EURUSD pair traded negatively on yesterday’s evening to test the key support 1.0845, which urges caution from the upcoming trading, as the price needs to consolidate above this level to keep the bullish trend active, which targets 1.1030 mainly.

 

Stochastic shows positive signals that support the chances of resuming the expected bullish wave, reminding you that breaking 1.0845 will press on the price to test 1.0745 areas before any new attempt to rise.

 

The expected trading range for today is between 1.0770 support and 1.0930 resistance.

 

The expected trend for today: Bullish

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