The EURUSD resumes the decline – Analysis - 01-12-2021

2021-12-01 05:21:12 GMT (Economies.com)
 

The EURUSD pair kept its stability below 1.1375 level after the positive attempts that it witnessed yesterday, waiting to achieve additional decline to confirm the return to the bearish channel that appears on the chart followed by continuing the bearish bias to head towards the next main target at 1.1145.

 

In general, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 1.1375 and hold above it.

 

The expected trading range for today is between 1.1240 support and 1.1380 resistance.

 

The expected trend for today: Overall bearish

 
 
 
  Symbol Last Change Chg.%
1.1283
-0.0014
0.1270%
1.3493
0.0015
0.1113%
Tadawul
12108.56
56.61
0.47%
23.799
-0.018
0.076%
85.031
1.490
1.784%
87.83
1.56
1.81%
1848.980
9.515
0.517%
 
 
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