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Euro Analysis 06-07-2021

06.07.2021

Market Review

 

 

The euro against the dollar did not show any strong movement yesterday, to maintain its stability below the 1.1888 level, and therefore, there is no change in the bearish trend scenario that depends on stability below the mentioned level, supported by the negative pressure formed by the EMA50, reminding you that our next main target It is located at 1.1780.

 

The expected trading range for today is between 1.1780 support and 1.1920 resistanceمقاومة

 

The forecast general trend for today: Bearish

Author: GC
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