Forex

The EURUSD begins positively – Analysis - 15-03-2019

2019-03-15 04:53:10 GMT (Economies.com)

The EURUSD pair opens today’s trading with bullish bias after leaning on the EMA50 yesterday, which supports the continuation of our positive overview on the intraday and short term basis, reinforced by stochastic positivity that appears on the four hours’ time frame, waiting to test 1.1420 level as a next main station.

 

We should note that holding above 1.1270 is important to continue the expected rise, as breaking it will press on the price to decline and test 1.1180 areas again.

 

The expected trading range for today is between 1.1250 support and 1.1420 resistance.

 

The expected trend for today: Bullish

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