The EURUSD heads towards the second target - 06-02-2023
Economies.com
2023-02-06 04:49AM UTC
The EURUSD pair broke 1.0830 level strongly to open the way to achieve more decline on the intraday basis, targeting testing 1.0745 as a next negative station, to keep the bearish bias dominant in the upcoming sessions.
It is important to monitor the price when reaching the suggested target, as breaking it will push the price to achieve more decline that its next target reaches 1.0635, taking into consideration that breaching 1.0865 will stop the current negative pressure and lead the price to regain the main bullish trend again.
The expected trading range for today is between 1.0695 support and 1.0865 resistance.
The expected trend for today: Bearish
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