The EURUSD shows mixed trades – Analysis - 23-04-2021

2021-04-23 01:12:04 GMT (Economies.com)
 

The EURUSD pair faced solid resistance at 1.2064, as it traded with clear negativity to approach the key support 1.1975, facing contradiction between the technical indicators, which makes us continue with our neutrality until we get clearer signal for the next trend.

 

We remind you that breaching the mentioned resistance will lead the price to resume the bullish wave that its next target located at 1.2170, while breaking the support represents negative factor that will press on the price to decline towards 1.1880 initially.

 

The expected trading range for today is between 1.1930 support and 1.2100 resistance.

 

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.2086
-0.0087
0.7147%
1.4027
-0.0109
0.7728%
Tadawul
10322.68
86.96
0.85%
26.895
-0.910
3.273%
64.173
-1.219
1.864%
67.58
-1.75
2.52%
1818.265
-25.960
1.408%
 
 
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