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EURUSD July, 28 2020
Overview:
The chart above shows that the pair is trading below a strong resistance level around 1.1750, which enhances the chances of falling during today's trading
Expected:
Continuing trading below the aforementioned resistance level might push the pair down to 1.1700
Alternative Scenario:
On the other hand, we see that if the 1.1750 level is broken up, it could push this pair to rise to 1.1800
| Resistance | 1.1750 | 1.1780 | 1.1800 |
| Support | 1.1725 | 1.1700 | 1.1680 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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