Forex

The EURUSD approaches the target – Analysis - 30-11-2020

2020-11-30 05:12:55 GMT (Economies.com)

The EURUSD pair keeps rising to approach gradually from our main waited target at 1.2011, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, noting that breaching this level will extend the bullish wave to reach 1.2155 as a next main station.

 

Holding above 1.1855 is important to continue the expected rise, as breaking it will press on the price to turn to the intraday decline to test 1.1720 areas before any new attempt to rise.

 

The expected trading range for today is between 1.1900 support and 1.2050 resistance.

 

The expected trend for today: Bullish

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