EURUSD presses on the support – Analysis - 20-06-2018

Economies.com
2018-06-20 03:39AM UTC

The EURUSD pair shows more attempts to break 1.1553 level without managing to hold below it until now, waiting to get negative motive that reinforces the chances of achieving the required break followed by opening the way to head towards 1.1443 that represents our next main station.

 

In general, we will keep our bearish overview unless breaching 1.1705 level and holding above it, noting that surpassing the first target will push the price towards 1.1181 on the near term basis.

 

Expected trading range for today is between 1.1480 support and 1.1660 resistance.

 

Expected trend for today: Bearish

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