The EURUSD breaks the support – Analysis - 26-10-2021
Economies.com
2021-10-26 04:16AM UTC
The EURUSD pair faced strong negative pressure yesterday to break 1.1615 and close the daily candlestick below it, which stops the recently suggested positive scenario and leads the price to resume the main bearish trend, on its way to achieve negative targets that start by testing the recently recorded low at 1.1525.
Therefore, the bearish bias will be suggested for today unless the price managed to breach 1.1615 and hold above it again.
The expected trading range for today is between 1.1525 support and 1.1650 resistance.
The expected trend for today: Bearish
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