EURUSD confirms breakout - 15-11-2023
The EURUSD pair closed yesterday above the 1.0860 level to confirm the continuation of the corrective bullish trend dominance and move towards the next positive target at 1.0960, which is supported by the EMA50 which supports the price from below.
Therefore, we await more expected gains in the upcoming session, noting that a break above 1.0860 will halt the positive scenario and push the price lower towards an initial test of 1.0760.
The expected trading range today is between support at 1.0800 and resistance at 1.0960.
