EURUSD breaches the resistance – Analysis - 13-09-2018

Economies.com
2018-09-13 03:52AM UTC

The EURUSD pair surpassed 1.1620 level and ended yesterday’s trading above it, which turns the intraday track to rise, to head towards testing 1.1705 level initially, noting that breaching this level will extend the bullish wave to reach 1.1800 as a next station.

 

Therefore, the bullish bias will be suggested for today unless breaking 1.1620 followed by 1.1554 levels and holding below them.

 

Expected trading range for today is between 1.1550 support and 1.1740 resistance.

 

Expected trend for today: Bullish

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