The EUR/USD begins positively – Analysis – 31/08/2021

news_22_feb_4_euro_usdThe EURUSD pair opens today with calm rise to move away from 1.1780 level, reinforcing the expectations of continuing the bullish trend, which gets continuous positive support by the EMA50, waiting to visit 1.1888 mainly.

Stochastic provides positive overlapping signal that supports the expected rise, which will remain valid unless breaking 1.1780 followed by 1.1745 levels and holding below them.

The expected trading range for today is between 1.1760 support and 1.1888 resistance.

The expected trend for today: Bullish

Origin: Economies

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