The EURUSD within sideways track – Analysis - 22-07-2019

The EURUSD pair provided more negative trading to approach the key support 1.1180, and as appears on the chart, the price moves inside a sideways range that confines the recent trades, making the sideways bias suggested on the intraday basis until the price manages to surpass one of its lines represented by 1.1180 support and 1.1290 resistance.

Note that breaking the mentioned support will press on the price to achieve more decline and head towards 1.1180 areas initially, while breaching the resistance will motivate the price to resume the recovery attempts and achieve positive targets that start at 1.1350 and extend to 1.1443.

The expected trading range for today is between 1.1130 support and 1.1300 resistance.

The expected trend for today: Sideways