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Friday, August 3, 2018

|>> New Forex Analysis by FX for Dummies August 03, 2018 at 10:16AM :

" šŸ“Š The EURUSD pair settles below the symmetrical triangle’s support line that was broken yesterday, to keep the negative effect of this pattern active, as the price moves near the first main waited target at 1.1554, waiting to break this level to confirm extending the bearish wave towards 1.1443. The EMA50 forms continuous negative pressure against the price to support the expectations of continuing the bearish trend in the upcoming period, which will remain valid unless breaching 1.1735 and holding above it. Expected trading range for today is between 1.1470 support and 1.1660 resistance. Expected trend for today: Bearish "

 

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