The EURUSD achieves some gains – Analysis - 20-01-2022
Economies.com
2022-01-20 05:10AM UTC
The EURUSD pair’s rise stopped at 1.1365 level, to start declining now, accompanied by witnessing negative signals through stochastic, which keeps our bearish overview valid for the upcoming period, waiting to test 1.1305 level initially, noting that breaking it will push the price to 1.1150 as a next negative target.
In general, we will continue to suggest the bearish trend unless breaching 1.1375 and holding above it.
The expected trading range for today is between 1.1270 support and 1.1400 resistance.
The expected trend for today: Bearish
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