The EURUSD achieves some temporary gains – Analysis - 15-03-2021
Economies.com
2021-03-15 05:08AM UTC
The EURUSD pair provided positive trades in the previous sessions after approaching 1.1888 level, to test the EMA50 that forms good resistance against the price, while stochastic loses its positive momentum gradually.
Therefore, these factors support the chances of continuing the recently suggested negative scenario, which its targets begin at 1.1888 and extend to 1.1780 after breaking the previous level, noting that holding below 1.1976 is important to achieve the suggested targets.
The expected trading range for today is between 1.1860 support and 1.2020 resistance.
The expected trend for today: Bearish
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