The EURUSD is recovering – Analysis - 21-04-2022

2022-04-21 01:32:16 GMT (Economies.com)
 

The EURUSD pair surpassed 1.0820 level and settled above it, to head towards achieving some bullish correction, targeting 1.0950 areas mainly, supported by moving above the EMA50.

 

Therefore, the bullish bias will be suggested for today, noting that breaking 1.0820 followed by 1.0775 levels will stop the expected rise and press on the price to resume the main bearish trend again.

 

The expected trading range for today is between 1.0775 support and 1.0940 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0181
-0.0067
0.6567%
1.2072
-0.0178
1.4535%
19.879
-0.417
2.055%
89.115
-4.549
4.857%
94.92
0.80
0.85%
1772.235
1.935
0.109%
 
 
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