The EURUSD resumes the rise – Analysis - 25-10-2021

2021-10-25 04:23:18 GMT (Economies.com)
 

The EURUSD pair opens today’s trading with clear positivity to reach 1.1670 level, getting continuous support by the EMA50, waiting to breach the mentioned level to confirm opening the way to achieve more gains that reach 1.1715 followed by 1.1760.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period affected by the previously completed inverted head and shoulders’ pattern, conditioned by the price stability above 1.1615.

 

The expected trading range for today is between 1.1600 support and 1.1750 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1320
0.0050
0.4401%
1.3322
0.0012
0.0905%
Tadawul
10810.60
-60.02
0.55%
22.812
-0.234
1.013%
67.217
-5.184
7.160%
71.20
-2.24
3.05%
1792.310
7.220
0.405%
 
 
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