EURUSD negotiates the resistance – Analysis - 17-07-2018
Economies.com
2018-07-17 02:50AM UTC
The EURUSD pair continues to fluctuate around 1.1705 level, and begins today with slight bearish bias to move below it, to keep the bearish trend valid in the upcoming sessions, depending on the price stability below the mentioned level and the most important below 1.1760, reminding you that our first main target is located at 1.1554.
We should note that breaching 1.1760 will stop the expected decline and lead the price to start recovery attempts that target 1.2029 areas initially.
Expected trading range for today is between 1.1600 support and 1.1760 resistance.
Expected trend for today: Bearish
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