The EURUSD declines again – Analysis - 25-11-2019
Economies.com
2019-11-25 05:56AM UTC
The EURUSD pair ended last Friday with strong decline and confirmed breaking 1.1065 level, to activate the bearish trend scenario again, affected by the double top pattern that its signs appear on the chart, waiting for more decline in the upcoming sessions.
Our expected targets begin at 1.0995 followed by 1.0950, taking into consideration that breaching 1.1065 will stop the expected decline and lead the price to start new recovery attempts that target testing 1.1105 followed by 1.1180 areas mainly.
The expected trading range for today is between 1.0950 support and 1.1180 resistance.
The expected trend for today: Bearish
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