The EURUSD touches the target – Analysis - 30-07-2021
Economies.com
2021-07-30 04:00AM UTC
The EURUSD pair succeeded to touch our waited target at 1.1888 and settles around it, and it might witness temporary bearish bias affected by stochastic negativity before attempting to breach and achieve more gains on the intraday and short term basis.
The EMA50 continues to support the price from below, to suggest more bullish bias in the upcoming sessions to head towards 1.1975 as a next positive target, noting that failing to achieve the required breach will press on the price to test 1.1780 areas before any new attempt to rise.
The expected trading range for today is between 1.1820 support and 1.1970 resistance.
The expected trend for today: Bullish
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