EU IDEA TODAY
The EURUSD price confirmed breaking the bullish channel’s support line to start bearish correction for the rise measured from 1.0777$ to 1.1200$, on its way to test 1.1040$ as a first correctional target, noting that breaking it will push the price towards 1.0990$ followed by 1.0940$ levels as next negative stations.
Therefore, the bearish bias will be suggested in the upcoming sessions, noting that breaching 1.1100$ followed by 1.1125$ levels will stop the expected decline and lead the price to regain the main bullish trend again.
The expected trading range for today is between 1.0990$ support and 1.1145$ resistance.
Trend forecast: Bearish
Therefore, the bearish bias will be suggested in the upcoming sessions, noting that breaching 1.1100$ followed by 1.1125$ levels will stop the expected decline and lead the price to regain the main bullish trend again.
The expected trading range for today is between 1.0990$ support and 1.1145$ resistance.
Trend forecast: Bearish
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.