The EURUSD hits the target – 03-01-2024

eu-l15The EURUSD pair ended yesterday below 1.0960 level, to reinforce the expectations of continuing the bearish trend on the intraday basis, to head towards visiting 1.0860 areas as a next main target, to keep the bearish trend suggested and dominant in the upcoming sessions.

Moving below the EMA50 supports the expected decline, taking into consideration that breaching 1.0960 and holding above it will push the price to attempt to build bullish wave and achieve gains that target 1.1080 areas mainly.

The expected trading range for today is between 1.0860 support and 1.1010 resistance.

The expected trend for today: Bearish

Origin: Economies

 

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply