The EURUSD keeps its positive stability – Analysis - 03-10-2022

Economies.com
3 months ago

The EURUSD pair faced temporary negative pressure in the previous sessions to attack 0.9790 level, but it closed the daily candlestick above it, to keep the correctional bullish scenario active, waiting to resume the bullish bias to visit 0.9865 followed by 0.9940 levels as next positive stations.

 

Therefore, we will keep our bullish overview supported by stochastic positivity, noting that the continuation of the bullish wave requires holding above 0.9790 and the most important above 0.9700.

 

The expected trading range for today is between 0.9750 support and 0.9900 resistance.

 

The expected trend for today: Bullish

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