The EURUSD breaches the resistance – Analysis - 28-05-2020
Economies.com
2020-05-28 04:50AM UTC
The EURUSD pair confirmed breaching 1.0966 level after closing the daily candlestick above it, to activate the bullish trend scenario on the intraday basis, opening the way to visit 1.1067 as a next main station.
Therefore, the bullish bias will be expected for today, supported by the EMA50 that carries the price from below, noting that the continuation of the suggested bullish trend conditions the price stability above 1.0966.
The expected trading range for today is between 1.0950 support and 1.1110 resistance.
The expected trend for today: Bullish
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