The EURUSD tests the support base – Analysis - 14-06-2019

Economies.com
2019-06-14 04:44AM UTC

The EURUSD pair provided calm negative trades yesterday to approach the key support 1.1255, noticing that stochastic begins to get rid of its negative momentum gradually, waiting to get enough positive momentum to push trades to resume the bullish trend, which targets 1.1443 level mainly.

 

Therefore, we will keep our bullish overview unless breaking 1.1255 followed by 1.1180 levels and holding below them, noting that the EMA50 supports the suggested rise.

 

The expected trading range for today is between 1.1220 support and 1.1360 resistance.

 

The expected trend for today: Bullish

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