The EURUSD keeps its positive stability – Analysis - 25-03-2020
Economies.com
2020-03-25 05:57AM UTC
The EURUSD pair ended yesterday above 1.0770 level, to keep the correctional bullish trend scenario valid for the upcoming period, organized inside the intraday bullish channel that appears on the chart, getting positive overlapping signal through stochastic.
Therefore, these factors encourage us to suggest the bullish trend on the intraday basis, which its targets begin by breaching 1.0840 level to confirm opening the way to head towards 1.0966 as a next station, noting that breaking 1.0760 will put the price under negative pressure that targets visiting 1.0637 areas initially.
The expected trading range for today is between 1.0720 support and 1.0920 resistance.
The expected trend for today: Bullish
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