The EURUSD achieves intraday gains – Analysis - 10-01-2022
Economies.com
2022-01-10 04:51AM UTC
The EURUSD pair begins to rebound bearishly by today’s open after the rise that it witnessed in the previous sessions and approaching 1.1375 level, noticing that stochastic provides negative signals that support the expectations of achieving more decline in the upcoming sessions, noting that the targets begin at 1.1285 and extend to 1.1150 after breaking the previous level.
Therefore, we will continue to suggest the bearish trend unless breaching 1.1375 and holding above it.
The expected trading range for today is between 1.1250 support and 1.1400 resistance.
The expected trend for today: Bearish
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