The EURUSD breaks the support – Analysis - 04-01-2022
Economies.com
2022-01-04 05:16AM UTC
The EURUSD pair ended yesterday below 1.1300 barrier, to head towards achieving more expected decline in the upcoming sessions, and it needs to surpass 1.1280 to reinforce the chances of rallying towards our main waited negative target at 1.1150.
Therefore, the bearish bias will be expected for today, taking into consideration that breaching 1.1310 followed by 1.1375 levels will stop the negative overview and lead the price to turn to rise.
The expected trading range for today is between 1.1220 support and 1.1380 resistance.
The expected trend for today: Bearish
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