The EURUSD loses momentum – Analysis - 21-09-2021
Economies.com
2021-09-21 04:04AM UTC
The EURUSD pair succeeded to touch our waited target at 1.1700 and bounced bullishly to provide temporary positive trades now, noticing that stochastic loses clearly positive momentum, while the EMA50 continues to press negatively on the price.
Therefore, we believe that the chances valid to resume the bearish trend in the upcoming sessions, which its next target located at 1.1605, reminding you that it is important to hold below 1.1780 to continue the expected decline.
The expected trading range for today is between 1.1650 support and 1.1780 resistance.
The expected trend for today: Bearish
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