On Friday both EURUSD and GPBUSD showed mixed sentiment. Today both currency pairs are still showing mixed sentiment. What can they do next? Let’s try to answer that question in an analysis:
EURUSD
The EURUSD showed mixed sentiment on Friday. First the price dropped significantly below the S1 support level. Then it rose above the Pivot Point. After that, it went down once again and finished the last session of the week below the Pivot Point, slightly above 1.021. Today the price is showing mixed sentiment. If the buyers take control over the market, the price might rise above 1.023 today. But if the bears show their strength, the price could fall below 1.019 and reach the EMA 200.
GBPUSD
The GBPUSD also showed mixed sentiment on friday. The price finished the last session of the week a little below 1.20. Today, it is still showing mixed sentiment. If the buyers take control over the market, the price might rise above 1.204. But if the bears show their strength, the price could fall below the EMA 77 and 1.198.
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