The EURUSD rises strongly – Analysis - 30-09-2022

Economies.com
2022-09-30 04:02AM UTC

The EURUSD pair rallied upwards strongly yesterday to surpass 0.9790 level and settles above it, opening the way to continue the rise on the intraday basis, expecting to head towards the next correctional level at 0.9865 as a next target, noting that breaching it will extend the bullish wave to reach 0.9940.

 

Therefore, the bullish bias will be suggested for today, noting that breaking 0.9790 will stop the expected rise and press on the price to decline again.

 

Advertistment

The expected trading range for today is between 0.9730 support and 0.9900 resistance.

 

The expected trend for today: Bullish

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