The EURUSD heads towards the resistance – Analysis - 10-10-2019

2019-10-10 04:52:07 GMT (Economies.com)
 

The EURUSD pair shows positive trading now to head towards potential test to the bearish channel’s resistance that declines now to 1.1010, and as long as the price is below this level, our bearish overview will remain valid for the upcoming period, waiting to visit 1.0857 mainly.

 

We should note that breaching 1.1010 and holding above it will stop the negative scenario and lead the price to achieve more gains that reach 1.1180 before any new attempt to decline.

 

The expected trading range for today is between 1.0890 support and 1.1050 resistance.

 

The expected trend for today: Overall Bearish

 
 
 
  Symbol Last Change Chg.%
1.1135
0.0430
4.0163%
1.2455
0.0809
6.9509%
Tadawul
6376.62
49.70
0.79%
14.446
1.863
14.810%
21.828
-1.600
6.830%
24.84
-1.50
5.69%
1620.150
122.735
8.197%
 
 
Live Forex Updates