The EURUSD is forced for some decline – Analysis - 04-06-2020
Economies.com
2020-06-04 04:56AM UTC
The EURUSD pair shows bearish bias to approach 1.1200 barrier, and stochastic begins to get rid of its negative momentum, waiting to get enough positive momentum to push the price to resume the main bullish trend, which its next target located at 1.1295.
In general, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50 unless breaking 1.1170 level and holding below it.
The expected trading range for today is between 1.1150 support and 1.1300 resistance.
The expected trend for today: Bullish
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