The EURUSD presses negatively – Analysis - 23-07-2019

Economies.com
2019-07-23 05:04AM UTC

The EURUSD pair begins today negatively to press on the sideways range’s support line that its signs appear on the chart, which hints the price head to decline in the upcoming sessions, but we need to break 1.1180 to confirm the continuation of the bearish bias followed by heading towards 1.1100 as a next negative station.

 

Therefore, we will continue to suggest the sideways move until the price confirms breaking 1.1180 support or breaching 1.1290 resistance, reminding you that breaching this resistance will lead the price to achieve gains that start at 1.1350 followed by 1.1443.

 

The expected trading range for today is between 1.1100 support and 1.1270 resistance.

 

The expected trend for today: Sideways

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