EURUSD (Confirms Breakout)
Hello everyone, The EUR/USD pair ended yesterday's trading above the 1.0860 level, confirming the continuation of the dominance of the bullish corrective trend and heading towards the next positive target that reaches 1.0907 , supported by the 50 moving average that carries the price from below.
Therefore, we are awaiting further expected rise during the upcoming sessions, keeping in mind that breaking 1.0860 will stop the positive scenario and put pressure on the price to decline to test the 1.0801level initially.
Pivot Price: 1.0860
Resistance prices: 1.0907 & 1.0949 & 1.0988
Support prices: 1.0801 & 1.0742 & 1.0697
The general trend expected for today: bullish
Therefore, we are awaiting further expected rise during the upcoming sessions, keeping in mind that breaking 1.0860 will stop the positive scenario and put pressure on the price to decline to test the 1.0801level initially.
Pivot Price: 1.0860
Resistance prices: 1.0907 & 1.0949 & 1.0988
Support prices: 1.0801 & 1.0742 & 1.0697
The general trend expected for today: bullish
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