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EURUSD August, 27 2020
Overview:
The above chart shows that the pair is trading below a strong resistance level around 1.1850, which enhances the downside chances during today's trading.
Expected:
Continuing trading below 1.1850 could push the pair down to 1.1800
Alternative Scenario:
On the other hand, we see that if the 1.1850 level is broken to the upside, the pair might rise to 1.1900
| Resistance | 1.1850 | 1.1880 | 1.1900 |
| Support | 1.1800 | 1.1770 | 1.1750 |
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