The EURUSD retests – Analysis - 24-02-2020
Economies.com
2020-02-24 05:28AM UTC
The EURUSD pair retested 1.0860 level and kept its stability below it, which keeps the bearish trend scenario valid for the upcoming period, reminding you that our expected targets begin at 1.0760 and extend to 1.0680 after surpassing the previous level.
The EMA50 keeps supporting the suggested bearish wave, noting that breaching 1.0860 will lead the price to start recovery attempts and achieve intraday gains that begin by testing 1.1050 areas.
The expected trading range for today is between 1.0740 support and 1.0880 resistance.
The expected trend for today: Bearish
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