The EURUSD within a positive pattern – Analysis - 27-06-2019
Economies.com
2019-06-27 04:23AM UTC
The EURUSD pair shows slight bearish bias now, and by taking a deeper look at the chart, we find that the recent move is confined within intraday bearish channel that appears on the minor channel, which we believe that it forms bullish flag pattern, thus, the price needs to breach 1.1380 to activate the positive effect of this pattern and rally to achieve our waited targets that begin at 1.1443 and extend to 1.1565.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 1.1320.
The expected trading range for today is between 1.1380 support and 1.1443 resistance.
The expected trend for today: Bullish
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