The euro/dollar pair rose to test resistance at 1.0956, waiting to encourage the price to resume the expected downward trend in the intraday term, whose next main target is at 1.0877. By breaking it, it will move to 1.0836 level .
Therefore the downward scenario will be more likely during coming period , Stability below 1.0956 represents a basic condition for the continuation of the expected decline, as breaching it will push the price to recover again and open the way to achieving new gains.
The expect range trading for today it will be between the resistance line 1.1012 and support line 1.0836.
Additionally ,Today News will affect on the market .
resistance line : 1.0956 , 1.1012 support line : 1.0877 , 1.0836
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