EU IDEA TODAY
The EURUSD price confirmed breaking the bullish channel’s support line to start bearish correction for the rise measured from 1.0777$ to 1.1200$, on its way to test 1.1040$ as a first correctional target, noting that breaking it will push the price towards 1.0990$ followed by 1.0940$ levels as next negative stations.
Therefore, the bearish bias will be suggested in the upcoming sessions, noting that breaching 1.1100$ followed by 1.1125$ levels will stop the expected decline and lead the price to regain the main bullish trend again.
The expected trading range for today is between 1.0990$ support and 1.1145$ resistance.
Trend forecast: Bearish
Therefore, the bearish bias will be suggested in the upcoming sessions, noting that breaching 1.1100$ followed by 1.1125$ levels will stop the expected decline and lead the price to regain the main bullish trend again.
The expected trading range for today is between 1.0990$ support and 1.1145$ resistance.
Trend forecast: Bearish
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.