The EURUSD negotiates the support – Analysis - 17-03-2021
Economies.com
2021-03-17 05:09AM UTC
The EURUSD pair settles at 1.1888 level, and the EMA50 forms continuous negative pressure against the price, to support he chances of breaking the mentioned level and open the way to continue the decline in the upcoming sessions, as our next target is located at 1.1780.
Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 1.1976.
The expected trading range for today is between 1.1810 support and 1.1976 resistance.
The expected trend for today: Bearish
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