The EURUSD is recovering - 01-02-2023
Economies.com
2023-02-01 05:00AM UTC
The EURUSD pair’s decline stopped near 1.0800 barrier, to rebound bullishly and resume the main bullish track, as it attempts to surpass the EMA50 now, waiting for more rise to head towards 1.1030 as a next main target.
Therefore, we expect to witness positive trades in the upcoming sessions, noting that breaking 1.0800 is required to continue the suggested rise.
The expected trading range for today is between 1.0800 support and 1.0960 resistance.
The expected trend for today: Bullish
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