The EURUSD confirms the break - 26-09-2023
2023-09-26 03:39AM UTC

The EURUSD pair managed to confirm breaking 1.0635 level after closing yesterday below it, to support the continuation of the expected bearish trend on the intraday and short-term basis, organized inside the bearish channel that appears on the chart, and the way is open to head towards our next target at 1.0515.


The EMA50 continues to support the suggested bearish wave, noting that breaching 1.0665 will stop the expected decline and push the price to start bullish correction on the intraday basis.



The expected trading range for today is between 1.0490 support and 1.0640 resistance.


The expected trend for today: Bearish

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