The EURUSD hits the target – Analysis - 10-05-2021
Economies.com
2021-05-10 00:24AM UTC
The EURUSD pair rallied upwards to succeed touching our waited target at 1.2170, and we believe that the chances valid to surpass this level and achieve more gains on the intraday and short term basis, noting that the next target extends to 1.2300.
The EMA50 supports the suggested bullish wave, noting that failing to achieve the required breach will press on the price to test 1.2064 areas 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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