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The EURUSD declines again – Analysis - 19-03-2021
The EURUSD pair bounced bearishly after testing 1.1976 level yesterday, to trade near 1.1888, noting that we suggest surpassing this level and open the way to achieve more decline in the upcoming sessions, which its next target reaches 1.1780.
Moving below the EMA50 supports the suggested negative scenario, which will remain valid and active unless breaching 1.1976 and holding above it.
The expected trading range for today is between 1.1830 support and 1.1980 resistance.
The expected trend for today: Bearish
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