EURUSD awaits further rise
Hello everyone,
EURUSD 6H NEW FORECAST
The euro/dollar pair maintains its stability above the 1.0960 level, so that the bullish trend scenario remains valid for the coming period, remembering that our next target is at 1.1080.
The negativity of the Stochastic indicator explains the reasons for the current sideways fluctuation, waiting for sufficient positive momentum to be gathered to push the price to resume the proposed upward wave, keeping in mind that breaking 1.0960 will stop the expected rise and put pressure on the price to turn lower.
The expected trading range for today is between Support 1.0930 and Resistance 1.1080
The general trend expected for today: Bullish
EURUSD 6H NEW FORECAST
The euro/dollar pair maintains its stability above the 1.0960 level, so that the bullish trend scenario remains valid for the coming period, remembering that our next target is at 1.1080.
The negativity of the Stochastic indicator explains the reasons for the current sideways fluctuation, waiting for sufficient positive momentum to be gathered to push the price to resume the proposed upward wave, keeping in mind that breaking 1.0960 will stop the expected rise and put pressure on the price to turn lower.
The expected trading range for today is between Support 1.0930 and Resistance 1.1080
The general trend expected for today: Bullish
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