The EURUSD achieves intraday gains – Analysis - 09-06-2022
Economies.com
2022-06-09 04:09AM UTC
The EURUSD pair found solid support at 1.0670 level, to rebound bullishly and achieve some intraday gains yesterday, noticing that the price records lower highs that support the chances of resuming the expected bearish trend for the upcoming period, which its targets begin by breaking 1.0670 to open the way to head towards 1.0600 followed by 1.0550.
In general, we will continue to suggest the bearish trend on the intraday basis unless the price rallied to breach 1.0770 and hold above it.
The expected trading range for today is between 1.0630 support and 1.0770 resistance.
The expected trend for today: Bearish
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