EUR/USD
The EUR/USD pair presented mixed trades last Friday, as it tried to break the 1.0515 level but returned to holding above it again, waiting for the resumption of the upward bias to test the descending channel resistance around 1.0640 as the next main target.
Therefore, the upward trend scenario will remain effective for the coming period, supported by a move above the moving average 50, keeping in mind that breaking 1.0540 will stop the expected rise and put pressure on the price to decline again.
The expected trading range for today is between support 1.0500 and resistance 1.0640
Therefore, the upward trend scenario will remain effective for the coming period, supported by a move above the moving average 50, keeping in mind that breaking 1.0540 will stop the expected rise and put pressure on the price to decline again.
The expected trading range for today is between support 1.0500 and resistance 1.0640
כתב ויתור
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