The EURUSD gets a negative close – Analysis - 23-07-2021

2021-07-23 03:47:55 GMT (Economies.com)
 

The EURUSD pair managed to break 1.1780 level and close the daily candlestick below it, which supports the continuation of our bearish overview on the intraday and short term basis, waiting to visit 1.1700 as a next target.

 

The EMA50 continues to support the suggested bearish wave, noting that breaching 1.1780 and holding above it again might push the price to start new bullish wave that target testing 1.1888 areas initially.

 

The expected trading range for today is between 1.1690 support and 1.1830 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1602
0.0032
0.2789%
1.3746
0.0118
0.8637%
Tadawul
11773.36
25.09
0.21%
23.335
0.700
3.090%
82.022
0.902
1.112%
84.86
0.86
1.02%
1767.855
13.150
0.749%
 
 
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