The EURUSD gets a negative signal – Analysis - 06-12-2021

2021-12-06 05:04:11 GMT (Economies.com)
 

The EURUSD pair begins today’s trading with calm negativity in attempt to resume the expected bearish trend on the intraday basis, noticing that stochastic provides negative overlapping signal now, waiting to motivate the price to provide more bearish bias in the upcoming sessions.

 

Therefore, the bearish trend scenario will remain valid and active unless breaching 1.1375 and holding above it, noting that our main expected target reaches 1.1145.

 

The expected trading range for today is between 1.1200 support and 1.1360 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1279
-0.0018
0.1598%
1.3490
0.0013
0.0931%
Tadawul
12108.56
56.61
0.47%
23.785
-0.032
0.134%
84.810
1.269
1.519%
87.46
1.24
1.44%
1848.505
9.040
0.491%
 
 
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