The EURUSD reaches the extended target – Analysis - 20-09-2021
Economies.com
2021-09-20 08:07AM UTC
The EURUSD pair opens today’s trading with additional decline to reach the thresholds of the waited target at 1.1700, expecting to achieve more decline to surpass this level and open the way to head towards 1.1605 as a next negative station, affected by the double top pattern that its signs appear on the chart.
Therefore, the bearish bias will remain dominant in the upcoming sessions, supported by the EMA50, unless the price rallied to breach 1.1780 and hold above it.
The expected trading range for today is between 1.1620 support and 1.1780 resistance.
The expected trend for today: Bearish
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