The EURUSD continues to decline – Analysis - 07-07-2022
Economies.com
2022-07-07 04:07AM UTC
The EURUSD pair settles around 1.0200 barrier, falling under continuous negative pressure coming by the EMA50, waiting to resume the bearish bias to visit 1.0100 that represents our next main target.
Stochastic positivity might push the price to achieve some temporary intraday gains before turning back to decline again, noting that breaching 1.0235 might push the price to test 1.0355 areas before any new negative attempt.
The expected trading range for today is between 1.0120 support and 1.0260 resistance.
The expected trend for today: Bearish
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