The EURUSD surpasses the resistance - 02-06-2023
Economies.com
2023-06-02 03:54AM UTC
The EURUSD pair confirmed breaching 1.0730 level after closing the daily candlestick above it, to stop the bearish trend and head towards building bullish wave on the intraday and short term basis, noting that our first target is located at 1.0795, which breaching it represents the key to rally towards 1.0860 direct.
Therefore, the bullish bias will be suggested in the upcoming sessions, taking into consideration that breaking 1.0730 will stop the expected rise and push the price to decline again, to head towards testing 1.0650 level again.
The expected trading range for today is between 1.0700 support and 1.0860 resistance.
The expected trend for today: Bullish
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