Forex

Midday update for the EURUSD 20-03-2019

2019-03-20 10:31:37 GMT (Economies.com)

The EURUSD pair tested the sideways range’s support line that dominates the recent trades and rebounds bullishly from there, to keep the bullish trend scenario active for today, supported by the EMA50, waiting to breach 1.1360 level to ease the mission of heading towards our main waited target at 1.1420 – 1.1443, while holding above 1.1290 represents key condition to continue the expected rise.

 

The expected trading range for today is between 1.1290 support and 1.1440 resistance.

 

The expected trend for today: Bullish

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