Category: Forex News, News
Forecast update for EURUSD -16-07-2025
Natural gas prices activated with stochastic attempt to provide positive momentum, to notice forming some bullish waves, approaching from the barrier at $3.6000.
The current bullish rebound will not threaten the bearish scenario, unless breaching the mentioned barrier and holding above it, therefore, we will keep waiting for gathering the negative momentum to ease the mission for reaching $3.350, then repeat the pressure at $3.180 to find an exit to resume the suggested negative attack.
The expected trading range for today is between $3.180 and $3.600
Trend forecast: Bearish
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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