The EURUSD resumes the decline – Analysis - 03-12-2021

2021-12-03 02:33:42 GMT (Economies.com)
 

The EURUSD pair rebounds bearishly after the sideways fluctuation that it witnessed in the previous sessions, to head towards resuming the main bearish trend, on its way to achieve negative targets that start at 1.1240 and extend to 1.1150.

 

Therefore, the bearish bias will be suggested for today unless the price rallied to breach 1.1375 and hold above it, noting that moving below the moving average 55 supports the expected decline.

 

The expected trading range for today is between 1.1200 support and 1.1375 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1280
-0.0017
0.1500%
1.3490
0.0012
0.0883%
Tadawul
12108.56
56.61
0.47%
23.775
-0.041
0.174%
84.761
1.220
1.460%
87.53
1.14
1.32%
1846.265
6.800
0.370%
 
 
Live Forex Updates