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EURUSD






5/2/2017 9:32:15 AM

EURUSD - Technical Analysis: Tuesday, 02/05/2017 13:32 GMT



The EURUSD pair still within the intraday sideways track, moving inside the ascending channel that appears on the chart below, to keep our positive forecast valid for the coming period, waiting to visit this channel's resistance at 1.1030 mainly.

We remind you that settling above 1.2830 represents important condition to continue the expected bullish trend, while surpassing 1.1030 will push the price to extend its gains towards 1.1140 as a next target.


Target
Risk


Support
Resistance


Trend Bullish

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