The EURUSD keeps declining – Analysis - 14-06-2022
Economies.com
2022-06-14 04:05AM UTC
The EURUSD pair continues to decline to reach 1.0400 barrier, reinforcing the expectations of continuing the bearish trend, and the way is open to achieve our extended target at 1.0354, noting that breaking this level will cause more decline on the short term and medium term basis, as the next targets reach 1.0200 areas.
Therefore, the bearish trend scenario will remain suggested for the upcoming period unless the price rallied to breach 1.0550 and hold above it.
The expected trading range for today is between 1.0340 support and 1.0490 resistance.
The expected trend for today: Bearish
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