The EURUSD presses on the support – Analysis - 11-08-2020
Economies.com
2020-08-11 03:47AM UTC
The EURUSD pair attempted to break 1.1737 level by today’s open but it returns to move above it, which keeps the bullish trend scenario valid until now, supported by the positive signals provided by stochastic, waiting to head towards our positive targets that start at 1.1850 followed by 1.1908.
We remind you that breaking 1.1737 and holding below it will press on the price to achieve more bearish correction that its next target located at 1.1632 before any new attempt to rise.
The expected trading range for today is between 1.1680 support and 1.1850 resistance.
The expected trend for today: Bullish
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