The EURUSD touches the first negative target – Analysis - 19-05-2022
Economies.com
2022-05-19 04:08AM UTC
The EURUSD pair managed to touch 1.0480 level, and finds solid support there, to show some slight bullish bias, affected by stochastic positivity, waiting to get negative momentum that assist to push the price to break the mentioned level and rally towards our next target that reaches 1.0350.
In general, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 1.0550 and hold above it.
The expected trading range for today is between 1.0420 support and 1.0560 resistance.
The expected trend for today: Bearish
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