End of day analysis for the EURUSD 11-08-2020
Economies.com
2020-08-11 17:26PM UTC
The EURUSD pair returns to decline after testing 1.1800 barrier, to head towards new test to 1.1737 level, which urges caution from the upcoming trading, as repeating the pressure on this level will support the chances of breaking it and open the way to target the next correctional target that reaches 1.1632, while holding against the current negative pressure will lead the price to resume the main bullish trend that its next main target located at 1.1908.
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