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Tuesday, July 31, 2018

|>> New Forex Analysis by FX for Dummies July 31, 2018 at 07:29AM :

" The EURUSD pair tested the symmetrical triangle’s resistance at 1.1725 and keeps its stability below it, as the EMA50 forms negative pressure to protect the recently suggested bearish trend scenario, waiting to rebound bearishly to resume the bearish bias that its first target located at 1.1554. We should note that breaching 1.1725 followed by 1.1800 levels will stop the expected bearish trend and push the price back to its main bullish track. Expected trading range for today is between 1.1600 support and 1.17800 resistance. Expected trend for today: Bearish "

 

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