The EURUSD returns to test the resistance – Analysis - 30-11-2021

2021-11-30 05:28:30 GMT (Economies.com)
 

The EURUSD pair shows new positive trades to test the intraday bearish channel’s resistance, affected by stochastic positivity that loses its positive momentum clearly, waiting to rebound bearishly to resume the main bearish trend, which targets 1.1145 level as a next main station.

 

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

 

The expected trading range for today is between 1.1200 support and 1.1360 resistance.

 

The expected trend for today: Overall bearish

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0058
0.5127%
1.3554
-0.0103
0.7569%
Tadawul
12238.77
-35.50
0.29%
24.347
1.336
5.803%
84.900
1.031
1.229%
87.69
-0.69
0.78%
1834.610
14.150
0.777%
 
 
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