The euro against the dollar starts attempts to breach 1.0795, reinforcing expectations for the continuation of the bearish trend for the rest of the day, paving the way towards heading towards 1.0730, which represents our next target, to keep our bearish trend expectations for the rest of the day.
The moving average 50 continues to support the suggested bearish wave, which will remain valid unless breaching 1.0815 then 1.0865 and holding above it.
The expected trading range for today is between the
* Support 1.0720
*Resistance 1.0870
The expected general tendency for today: is bearish
The moving average 50 continues to support the suggested bearish wave, which will remain valid unless breaching 1.0815 then 1.0865 and holding above it.
The expected trading range for today is between the
* Support 1.0720
*Resistance 1.0870
The expected general tendency for today: is bearish
