The EURUSD tests the support – Analysis - 25-04-2022
Economies.com
2022-04-25 01:31AM UTC
The EURUSD pair tested 1.0775 level and couldn’t manage to break it, which represents one of the next trend keys besides 1.0860 resistance, to keep the price confined between these levels, waiting to breach one of them to detect the next targets clearly.
Therefore, our neutrality will remain valid until now, reminding you that breaking the mentioned support will press on the price to continue the decline and head towards 1.0700 as a next negative station, while breaching the resistance represents the key to start recovery attempts that target visiting 1.0950 level initially.
The expected trading range for today is between 1.0720 support and 1.0900 resistance.
The expected trend for today: Neutral
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