The EURUSD returns to the channel – Analysis - 11-07-2019

Economies.com
2019-07-11 04:24AM UTC

The EURUSD pair opens today’s trading with clear positivity to return to the bullish channel that appears on the chart, which stops the recently suggested negative scenario and push the price to regain the main bullish track, on its way to achieve gains that start at 1.1350 and extend to 1.1443.

 

Therefore, the bullish bias will be suggested for today unless breaking 1.1265 level and holding with a daily close below it.

 

The expected trading range for today is between 1.1200 support and 1.1360 resistance.

 

The expected trend for today: Bullish

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