Yesterday the EURUSD went down and the GBPUSD showed mixed sentiment. Today both currency pairs are showing mixed sentiment. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD went down yesterday. The price finished the session exactly at the S1 support level and 0.97. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above the R1 resistance level and reach 0.975. But if the bears show their strength once again, the price could drop to today’s S1, below 0.968.
GBPUSD
Yesterday the GBPUSD showed mixed sentiment. The price finished the session slightly below 1.106. Today it is still showing mixed sentiment. If the buyers take control over the market, the price might rise above the EMA 77 and reach 1.108. But if the bears show their strength, the price could drop to 1.099.
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