The EURUSD presses on the support – Analysis - 10-06-2021

Economies.com
2021-06-10 04:30AM UTC

The EURUSD pair begins to press on the key support 1.2175 in attempt to break it, waiting to confirm the break to activate the negative scenario that targets 1.2064 level as a next main station, to continue with our neutrality until the price confirms breaking the mentioned support or breaching 1.2200 resistance.

 

Note that breaching the mentioned resistance will lead the price to resume the main bullish wave that its next target located at 1.2300.

 

The expected trading range for today is between 1.2090 support and 1.2250 resistance.

 

The expected trend for today: Neutral

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