No news for the EURUSD – Analysis - 03-07-2020

Economies.com
2020-07-03 04:08AM UTC

The EURUSD pair returns to settle inside the sideways range after the positive attempts that it witnessed in the previous sessions, which keeps the domination of the sideways range on the intraday trading, confined between 1.1175 support and 1.1270 resistance, waiting to breach one of these levels to detect the next targets clearly.

 

We remind you that breaking the support will press on the price to achieve more correctional bearish targets that start at 1.1100 followed by 1.1020, while breaching the resistance represents the key to regain the main bullish trend and head to visit 1.1420 as a first main station.

 

The expected trading range for today is between 1.1160 support and 1.1350 resistance.

 

The expected trend for today: Sideways

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