The EURUSD confirms the break – Analysis - 24-01-2020
Economies.com
2020-01-24 05:43AM UTC
The EURUSD pair confirmed breaking the bullish channel’s support line after closing the daily candlestick below it, to open the way to continue the decline on the intraday basis, reminding you that our next negative target is located at 1.0985.
Note that surpassing the mentioned target will extend the bearish wave to reach 1.0860, while the expected decline will remain valid unless the price managed to breach 1.1075 level and hold above it again.
The expected trading range for today is between 1.0960 support and 1.1100 resistance.
The expected trend for today: Bearish
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