The EURUSD within tight range - 30-03-2023

Economies.com
2023-03-30 02:36AM UTC

The EURUSD pair continues to fluctuate within tight track since yesterday, settling around 1.0840 level, noticing that stochastic gets rid of its negative momentum clearly, approaching the oversold areas, while the EMA50 continues to provide the positive support to the price.

 

Therefore, the chances valid to resume the expected bullish trend for the upcoming period, which its next main target located at 1.1032, reminding you that holding above 1.0745 is important to achieve the suggested targets, while the price needs to surpass 1.0870 to ease the mission to rally towards the waited target.

 

The expected trading range for today is between 1.0770 support and 1.0935 resistance.

 

The expected trend for today: Bullish

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