The EURUSD achieves some gains – Analysis - 29-11-2021

2021-11-29 05:26:52 GMT (Economies.com)
 

The EURUSD pair provided clear positive trades in the previous sessions and attempted to surpass 1.1300 barrier, but it rebounds bearishly after touching the intraday bearish channel’s resistance that appears on the chart, supported by stochastic negativity, to head towards resuming the main bearish track, which targets 1.1145 as a next main station.

 

Therefore, the overall bearish trend scenario will remain valid and active for the upcoming period unless the price rallied to breach 1.1375 and hold above it.

 

The expected trading range for today is between 1.1190 support and 1.1340 resistance.

 

The expected trend for today: Overall bearish

 

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
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