The EURUSD surpasses the target – Analysis - 05-06-2020

2020-06-05 04:35:36 GMT (Economies.com)
 

The EURUSD pair confirmed breaching 1.1295 level after closing the daily candlestick above it, to open the way to continue the bullish trend on the intraday and short term basis, noting that the next positive targets located at 1.1418 and extend to 1.1500.

 

The EMA50 keeps supporting the suggested bullish wave, noting that breaking 1.1295 will put the price under negative pressure and turn to decline on the intraday basis.

 

The expected trading range for today is between 1.1260 support and 1.1430 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1812
0.0102
0.8672%
1.3074
0.0059
0.4499%
Tadawul
7499.97
10.08
0.13%
28.073
3.826
15.779%
41.430
0.995
2.461%
44.60
-0.46
1.02%
2053.225
83.870
4.259%
 
 
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