The EURUSD hits the first negative target – Analysis - 30-06-2022
Economies.com
2022-06-30 03:59AM UTC
The EURUSD pair declined strongly yesterday to succeed achieving our first waited target at 1.0440, showing some slight bullish bias affected by stochastic positivity, while the EMA50 forms negative pressure against the price, to support the chance of continuing the bearish trend in the upcoming sessions, reminding you that our next target reaches 1.0355.
Therefore, we are waiting for more expected decline on the intraday basis unless the price rallied to breach 1.0550 and hold above it.
The expected trading range for today is between 1.0360 support and 1.0500 resistance.
The expected trend for today: Bearish
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