The EURUSD keeps its positive stability – Analysis - 26-05-2022
8 months ago

The EURUSD pair attempted to break 1.0670 level yesterday but it closed the daily candlestick above it, to keep the bullish trend scenario valid for the upcoming period, supported by stochastic and the EMA50 positivity, waiting to resume the bullish wave that its next main target located at 1.0770.


Note that breaking 1.0670 will press on the price to attempt to return to the main bearish track again, to head towards testing 1.0550 initially.


The expected trading range for today is between 1.0630 support and 1.0780 resistance.


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The expected trend for today: Bullish

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