The EURUSD is stable – Analysis - 08-10-2021

2021-10-08 04:12:58 GMT (Economies.com)
 

The tight range dominated the EURUSD pair’s trades yesterday, hovering around 1.1563 level, keeping its stability below it, to keep the bearish trend scenario valid as it is without any change, waiting to visit 1.1500 followed by 1.1420 levels as main targets.

 

Note that breaching 1.1563 and holding above it will lead the price to achieve intraday gains that target 1.1635 followed by 1.1700 levels mainly.

 

The expected trading range for today is between 1.1460 support and 1.1620 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0535
0.0094
0.8994%
1.2293
0.0245
2.0329%
23.157
1.801
8.433%
81.475
7.046
9.467%
85.86
-1.02
1.17%
1795.560
45.085
2.576%
 
 
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