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Monday, August 6, 2018

|>> New Forex Analysis by FX for Dummies August 06, 2018 at 10:04AM :

" šŸ“Š The EURUSD pair fluctuates around 1.1554 level, starting to press negatively on this level by today’s opening, affected by the previously completed symmetrical triangle’s pattern, which has negative effect that we are waiting to push the price to break the mentioned level followed by opening the way to head towards our next target at 1.1443. Therefore, we will continue to suggest the bearish trend in the upcoming sessions supported by the negative pressure provided by the EMA50, noting that the continuation of the expected decline depends on holding below 1.1640 and the most important below 1.1720. Expected trading range for today is between 1.1443 support and 1.1640 resistance. Expected trend for today: Bearish "

 

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