The EURUSD reaches the first positive target – Analysis - 21-06-2022

2022-06-21 04:08:36 GMT (Economies.com)
 

The EURUSD pair reached the thresholds of the first waited positive target at 1.0550, moving inside intraday bullish channel that supports the chances of achieving more rise in the upcoming sessions, reminding you that breaching the mentioned level will extend the bullish wave to reach 1.0670 as a next main station.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 1.0495 will put the price under negative pressure that leads the price to return to the main bearish track again.

 

The expected trading range for today is between 1.0450 support and 1.0610 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0427
-0.0154
1.4550%
1.2096
-0.0176
1.4311%
19.698
-1.669
7.811%
108.022
0.605
0.563%
111.50
2.47
2.27%
1799.775
-29.770
1.627%
 
 
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