The EURUSD awaits the break – Analysis - 07-01-2022
Economies.com
2022-01-07 04:52AM UTC
The EURUSD pair provided positive attempts on yesterday’s evening but it returned to decline and settle near the support line that rises now to 1.1285, as the EMA50 forms continuous negative pressure against the price, to keep our bearish overview that its targets begin by breaking the mentioned level to open the way to visit 1.1150.
We remind you that the continuation of the bearish wave depends on the price stability below 1.1375.
The expected trading range for today is between 1.1210 support and 1.1360 resistance.
The expected trend for today: Bearish
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