The EURUSD awaits more decline - 14-09-2023
1 week ago

The EURUSD pair fluctuates near the bearish channel’s resistance, falling under continuous negative pressure coming by the EMA50, while stochastic provides negative signals on the intraday time frames.


Therefore, our bearish overview will remain valid, waiting to resume the negative trading that its next main target located at 1.0635, taking into consideration that breaching 1.0785 will stop the suggested bearish wave and lead the price to turn to rise.



The expected trading range for today is between 1.0650 support and 1.0800 resistance.


The expected trend for today: Bearish

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