Yesterday the EURUSD showed mixed sentiment and the GBPUSD managed to rise. Today both currency pairs are going up, though. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD showed mixed sentiment yesterday. The price finished the session a little below 1.073. Today it is rising, though. If the buyers continue generating firm demand, the price might go up above the R1 resistance level and reach the EMA 200. But if the bears counterattack, the price could drop below the Pivot Point and reach 1.071.
GBPUSD
The GBPUSD managed to rise yesterday. The price finished the session slightly below 1.205. Today it is going up even more. If the buyers continue generating firm demand, the price might even reach 1.215. But if the bears counterattack, the price could drop to the EMA 77.
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