The EURUSD gets a negative signal – Analysis - 20-04-2022
Economies.com
2022-04-20 01:33AM UTC
The EURUSD pair settles below 1.0800 level, noticing that stochastic begins to overlap negatively, waiting to motivate the price to resume the expected bearish wave on the intraday and short term basis, which its next main target located at 1.0700.
The EMA50 continues to support the expected decline, noting that holding below 1.0820 represents initial condition to continue the negative scenario.
The expected trading range for today is between 1.0700 support and 1.0850 resistance.
The expected trend for today: Bearish
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