The EURUSD gets a negative signal – Analysis - 10-11-2021
Economies.com
2021-11-10 05:26AM UTC
The EURUSD pair settles below 1.1615 level, noticing that stochastic provides negative signals on the four hours’ time frame, waiting to motivate the price to resume the negative trades, which target 1.1525 level as a first station, reminding you that breaking this level will push the price to 1.1400 as a next target.
Therefore, the bearish trend will remain valid for the upcoming period unless breaching 1.1615 and holding above it.
The expected trading range for today is between 1.1500 support and 1.1640 resistance.
The expected trend for today: Bearish
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