The EURUSD within sideways track – Analysis - 01-07-2020
Economies.com
2020-07-01 04:20AM UTC
The EURUSD pair fluctuates within sideways track, confined between 1.1175 support and 1.1270 resistance, and the price needs to surpass one of these levels to detect its next targets clearly.
Therefore, the sideways bias will be suggested until we get clearer signal for the next trend, reminding you that breaking the mentioned support will press on the price to achieve more bearish correction and achieve negative targets that start at 1.1100 followed by 1.1020, while breaching the resistance will lead the price to resume the main bullish trend that targets 1.1420 areas initially.
The expected trading range for today is between 1.1140 support and 1.1340 resistance.
The expected trend for today: Sideways
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