The EURUSD shows some bullish correction – Analysis - 02-05-2022
Economies.com
2022-05-02 00:03AM UTC
The EURUSD pair’s rise stopped at 1.0580 level, to start providing new negative trades, to keep the main bullish trend active for the upcoming period, which targets 1.0450 as a next main station.
The EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 1.0580.
The expected trading range for today is between 1.0450 support and 1.0600 resistance.
The expected trend for today: Bearish
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