EURUSD attempts positively – Analysis - 26-06-2017
Economies.com
2017-06-26 03:37AM UTC
The EURUSD pair ended last Friday's trading with clear positivity to approach from 1.1200 level without breaching it, to keep the price below the previously broken support of the rising wedge that appears on chart, noticing that stochastic moves at the overbought areas again.
Therefore, these factors encourage us to continue suggesting the bearish trend in the upcoming sessions, which targets testing 1.1060 level mainly, noting that breaching 1.1230 will allow the price to stop the current negative pressure followed by the return to the bullish trend again.
Expected trading range for today is between 1.1060 support and 1.1250 resistance.
Expected trend for today: Bearish
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