The EURUSD keeps its positive stability – Analysis - 21-11-2019

Economies.com
2019-11-21 06:04AM UTC

The EURUSD pair kept its stability above 1.1065 level, and started to provide positive trading in attempt to move away from the mentioned level, as it gets continuous positive support by the EMA50, to keep the bullish trend valid and active in the upcoming sessions, waiting to target 1.1105 followed by 1.1180 levels that represent our next main targets.

 

We should note that breaking 1.1065 would put the price under the correctional bearish pressure again, to head towards testing 1.0995 followed by 1.0950 areas as main negative targets.

 

The expected trading range for today is between 1.1000 support and 1.1180 resistance.

 

The expected trend for today: Bullish

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