The EUR/USD attempts to rise – Analysis – 18/03/2019

news_22_feb_dollar_usdThe EURUSD pair shows new positive attempts by this week opening, which supports the expectations of achieving more gains on the intraday and short term basis, and we believe that the way is open to achieve our next main target at 1.1420.

The EMA50 provides positive support to the price, to continue suggesting the bullish trend in the upcoming sessions, taking into consideration that breaking 1.1270 will put the price under the negative pressure again, to target 1.1180 level as a first negative station.

The expected trading range for today is between 1.1270 support and 1.1420 resistance.

The expected trend for today: Bullish

The EURUSD attempts to rise – Analysis - 18-03-2019

Origin: Economies

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