EURUSD gets a positive close – Analysis - 30-08-2018
Economies.com
2018-08-30 04:20AM UTC
The EURUSD pair got a daily close above 1.1705 level, which reinforces the expectations of continuing the bullish trend on the intraday and short term basis, to keep the positive effect of the previously completed inverted head and shoulders’ pattern active, which its full target located at 1.1975.
Therefore, we are waiting for positive trading in the upcoming sessions, noting that the continuation of the expected rise conditions holding above 1.1620 and the most important above 1.1554.
Expected trading range for today is between 1.1620 support and 1.1800 resistance.
Expected trend for today: Bullish
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