The EURUSD is stable – Analysis - 27-10-2021
Economies.com
2021-10-27 04:27AM UTC
The EURUSD pair keeps its stability below 1.1615, and didn’t show any strong move yesterday, thus, the bearish trend scenario will remain valid as it is without any change, supported by moving below the EMA50, reminding you that our main waited target is located at 1.1525.
We should note that breaching 1.1615 and holding above it will lead the price to recover and head towards 1.1670 initially.
The expected trading range for today is between 1.1525 support and 1.1650 resistance.
The expected trend for today: Bearish
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