The EURUSD activates the negative scenario – Analysis - 28-01-2021
Economies.com
2021-01-28 05:36AM UTC
The EURUSD pair confirmed breaking the intraday bullish channel’s support line, starting today with more decline to approach 1.2064 level again, which hints the price head to break this level and open the way to achieve more bearish correction, as the next target is located at 1.1976.
Therefore, the bearish trend will be suggested for the upcoming sessions unless the price rallied to breach 1.2173 and hold above it.
The expected trading range for today is between 1.2000 support and 1.2170 resistance.
The expected trend for today: Bearish
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