The EURUSD surpasses the first target – Analysis - 03-06-2020

Economies.com
2020-06-03 03:32AM UTC

The EURUSD pair succeeded to confirm breaching 1.1170 after closing the daily candlestick above it, to support the continuation of the bullish trend scenario efficiently in the upcoming period, opening the way to head towards our next main target that reaches 1.1295.

 

Therefore, we are waiting for more rise today, supported by the EMA50, noting that holding above 1.1170 is important to continue the suggested bullish trend.

 

The expected trading range for today is between 1.1100 support and 1.1290 resistance.

 

The expected trend for today: Bullish

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