The EURUSD needs the positive momentum – Analysis - 23-06-2021

Economies.com
2021-06-23 04:12AM UTC

The EURUSD pair provided good positive trades yesterday to move away from 1.1888, reinforcing the expectations of continuing the bullish trend, which its targets begin by testing 1.1975 level, noting that breaching this level will extend the bullish wave to reach 1.2064.

 

Holding above 1.1888 is important to continue the suggest rise, as breaking it will put the price under the negative pressure again, to head towards 1.1780 areas initially.

 

The expected trading range for today is between 1.1860 support and 1.2000 resistance.

 

The expected trend for today: Bullish

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