The EURUSD hits the target - 02-02-2023
Economies.com
2023-02-02 05:13AM UTC
The EURUSD pair rallied upwards strongly to succeed achieving our waited target at 1.1030, moving within major bullish channel that supports the chances of achieving more rise in the upcoming period, noting that breaching the mentioned level will extend the bullish wave to reach 1.1185 areas.
Therefore, the bullish trend scenario will remain suggested on the intraday and short term basis, noting that failing to breach 1.1030 might force the price to rebound bearishly and achieve some intraday bearish correction before turning back to rise again.
The expected trading range for today is between 1.0950 support and 1.1110 resistance.
The expected trend for today: Bullish
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