The EURUSD keeps its positive stability – Analysis - 01-10-2020
Economies.com
2020-10-01 03:56AM UTC
The EURUSD pair kept its stability above 1.1720 level after the negative pressure that it witnessed yesterday, to keep the bullish trend scenario valid for the upcoming period, supported by the positive signal provided by stochastic now, waiting to motivate the price to breach 1.1780 level to ease the mission of heading towards 1.2011 that represents our main positive target.
On the other hand, we should note that breaking 1.1720 and holding below it will press on the price to turn to decline and head towards 1.1540 areas mainly.
The expected trading range for today is between 1.1680 support and 1.1840 resistance.
The expected trend for today: Bullish
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