The EURUSD confirms the break – Analysis - 24-07-2019
Economies.com
2019-07-24 03:45AM UTC
The EURUSD pair managed to confirm breaking 1.1180 level after closing the daily candlestick below it, to open the way to continue the bearish wave on the short term and medium term basis, as the mentioned level represents 61.8% Fibonacci correction level for the entire rise measured from 1.0333 to 1.2553, which means that the way is open to achieve more decline in the upcoming period.
Our next main targets begin at 1.1100 and extend to 1.1000, while holding below 1.1180 represents key condition to achieve them.
The expected trading range for today is between 1.1050 support and 1.1200 resistance.
The expected trend for today: Bearish
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