Hello everyone,
EURUSD 6H NEW FORECAST
The EUR/USD pair achieved slight gains yesterday, as it tested the 1.0800 barrier, and is facing negative factors presented by technical indicators that may push the price lower during the coming sessions.
Until now, the price is still stuck between the pivotal levels represented by the support 1.0760 and the resistance 1.0860, which keeps our neutral position in place until the price can cross one of these two levels, remembering that breaching the resistance will lead the price to achieve additional gains up to 1.0960 while breaking it represents Support is the key to returning to the main downward trend and achieving negative targets starting with testing 1.0685.
The general expected tendency for today: Neutral
EURUSD 6H NEW FORECAST
The EUR/USD pair achieved slight gains yesterday, as it tested the 1.0800 barrier, and is facing negative factors presented by technical indicators that may push the price lower during the coming sessions.
Until now, the price is still stuck between the pivotal levels represented by the support 1.0760 and the resistance 1.0860, which keeps our neutral position in place until the price can cross one of these two levels, remembering that breaching the resistance will lead the price to achieve additional gains up to 1.0960 while breaking it represents Support is the key to returning to the main downward trend and achieving negative targets starting with testing 1.0685.
The general expected tendency for today: Neutral
