Yesterday both EURUSD and GBPUSD rose strongly. Today both currency pairs are showing mixed sentiment. From the data front, the ADP nonfarm employment change in March in the US will be published. Anyway, let’s move on to the analysis:
EURUSD
The EURUSD rose strongly yesterday. The price finished the session a little above the R1 resistance level and 1.095. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might reach 1.098 today. But if the bears take control over the market, the price could drop to 1.094.
GBPUSD
The GBPUSD also rose strongly yesterday. The price finished the session exactly at 1.25. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might reach 1.253. But if the bears take control over the market, the price could drop to the EMA 77.
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