The EURUSD tests the support – 30-11-2023

eur-usdThe EURUSD pair fluctuates at 1.0960 level and keeps its stability above it, accompanied by witnessing clear positive signals through stochastic, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 1.1080 mainly.

The bullish channel organizes the suggested bullish wave, which gets continuous support by the EMA50, noting that breaking 1.0960 will stop the expected rise and push the price to turn to decline.

The expected trading range for today is between 1.0910 support and 1.1060 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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