The EURUSD is satisfied with the first target – Analysis - 22-06-2022

2022-06-22 04:20:03 GMT (Economies.com)
 

The EURUSD pair couldn’t manage to hold for long time above 1.0550 level, to face negative pressure and break this level followed by breaking the intraday bullish channel’s support line, which stops the recently suggested positive scenario and lead the price to turn to decline again, on its way to achieve negative targets that start at 1.0445 and extend to 1.0355.

 

Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 1.0550 and holding above it again.

 

The expected trading range for today is between 1.0430 support and 1.0570 resistance.

 

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The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0244
0.0047
0.4599%
1.2122
0.0005
0.0417%
20.642
0.277
1.363%
89.635
1.157
1.308%
95.24
-1.40
1.45%
1793.000
11.325
0.636%
 
 
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