The EUR/USD keeps its positive stability – Analysis – 23/12/2022

forex_news_11The EURUSD pair faced negative pressure yesterday to attack 1.0580 level but it keeps its stability above it, and begins today with new bullish bias motivated by stochastic positivity, waiting to head towards our main expected target at 1.0745.

Therefore, the bullish trend scenario will remain active as long as 1.0580 level remains intact.

The expected trading range for today is between 1.0550 support and 1.0710 resistance.

The expected trend for today: Bullish

Origin: Economies

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