The EURUSD resumes the rise - 31-03-2023
Economies.com
2023-03-31 02:02AM UTC
The EURUSD pair provided additional positive trades yesterday to surpass 1.0900 level and attempts to hold above it, which supports the continuation of the expected bullish trend on the intraday and short term basis, its next target located at 1.1032.
Therefore, we will continue to suggest the bullish trend for the upcoming period, which gets continuous support by the EMA50, noting that breaching 1.0920 is important to continue the rise, as failing to breach it will form negative formation that might press on the price to turn to decline and head towards 1.0805 areas initially.
The expected trading range for today is between 1.0840 support and 1.1000 resistance.
The expected trend for today: Bullish
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