The EURUSD surpasses the resistance – Analysis - 28-07-2022

Economies.com
1 year ago

The EURUSD pair tested 1.0100 level and bounced upwards strongly from there, to breach 1.0200 level and attempt to hold above it, which hints heading to reactivate the positive scenario, to suggest more bullish bias in the upcoming sessions and head to test 1.0278 followed by 1.0355 levels as main targets.

 

Therefore, the bullish trend will be expected for today conditioned by the price stability above 1.0200 level.

 

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The expected trading range for today is between 1.0140 support and 1.0300 resistance.

 

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The expected trend for today: Bullish

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