EURUSD 4H : Try to rise up

EURUSD

New forecast

The price of the EUR/USD pair rose and rose strongly yesterday to breach the 1.0836 level and close the daily candle above it, activating the bullish trend scenario in the immediate term, on its way to initially test the 1.0956 level, and by breaking it, it will reach the 1.1012 level again.

Therefore, we expect to witness further rise today, keeping in mind that breaking 1.0836 will stop the upward trend and place the price under expected negative pressure in the immediate term.

The expect range trading for today it will be between the resistance line 1.1012 and support line 1.0836.

Additionally ,Today News will affect on the market .

resistance line : 1.0956 , 1.1012
support line : 1.0877 , 1.0836

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