The EURUSD touches the first target – Analysis - 23-02-2021

2021-02-23 04:54:49 GMT (Economies.com)
 

The EURUSD pair settles at our first target at 1.2173, facing good resistance there, supported by stochastic negativity, waiting to get enough positive momentum to push the price to surpass the mentioned level and confirm extending the bullish wave towards 1.2300 as a next target.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.2064.

 

The expected trading range for today is between 1.2100 support and 1.2260 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.2158
0.0013
0.1033%
1.4128
0.0092
0.6547%
Tadawul
9115.76
-51.05
0.56%
27.912
0.456
1.661%
63.401
3.012
4.988%
67.04
1.94
2.98%
1797.055
-0.890
0.050%
 
 
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