The EURUSD needs strong positive motive – Analysis - 01-06-2022
Economies.com
2022-06-01 04:26AM UTC
The EURUSD pair shows new negative trades now, to head towards potential test to the key support 1.0670, while the EMA50 continues to support the price from below and protect the recently suggested positive scenario, waiting to resume the positive trades and breach 1.0770 to rally towards our next main target that reaches 1.0865.
Therefore, the bullish trend will remain valid and active unless breaking 1.0670 and holding with a daily close below it.
The expected trading range for today is between 1.0670 support and 1.0810 resistance.
The expected trend for today: Bullish
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