End of day analysis for the EURUSD 03-08-2020

Economies.com
2020-08-03 17:09PM UTC

The EURUSD pair faced negative pressure to attack 1.1737 level strongly, but we notice that the EMA50 forms good support to push the price to step above the mentioned level, which keeps the bullish trend scenario active for the upcoming period, which its next targets located at 1.1908 followed by 1.1995 levels, while holding above 1.1737 represents key condition to achieve these targets.

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