The EURUSD within continuation pattern – Analysis - 23-09-2022
Economies.com
2022-09-23 04:04AM UTC
The EURUSD pair’s recent trade are confined within bearish pennant pattern that appears on the chart, thus, breaking 0.9820 will activate the negative effect of this pattern followed by pushing the price to resume the bearish wave to achieve our negative targets that start at 0.9800 followed by 0.9700.
Therefore, our bearish overview will remain valid and active for the upcoming period supported by the EMA50, reminding you that it is important to hold below 0.9880 to achieve the suggested targets.
The expected trading range for today is between 0.9730 support and 0.9900 resistance.
The expected trend for today: Bearish
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