The EURUSD attempts to recover – Analysis - 29-03-2021
Economies.com
2021-03-29 04:28AM UTC
The EURUSD pair settled above 1.1780, but we notice that the price begins today with bearish bias to press on the mentioned level, as stochastic overlaps negatively to motivate the price to provide more expected negative trades in the upcoming sessions.
Therefore, we will keep our bearish overview that target 1.1700 as a next main station, noting that failing to break 1.1780 will lead the price to achieve intraday gains that start by testing 1.1885 areas before any new attempt to decline.
The expected trading range for today is between 1.1700 support and 1.1850 resistance.
The expected trend for today: Bearish
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