The EURUSD reaches the target – Analysis - 31-03-2021

2021-03-31 04:14:01 GMT (Economies.com)
 

The EURUSD pair opens today’s trading with new decline to reach our waited target at 1.1700, expecting the continuation of the negative pressure to surpass this level and head towards our next target that reaches 1.1605, supported by the negative pressure that the EMA50 continues to provide.

 

Therefore, we will continue to suggest the bearish trend for the upcoming period conditioned by the price stability below 1.1780.

 

The expected trading range for today is between 1.1605 support and 1.1780 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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