Yesterday both EURUSD and GBPUSD managed to rise. 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 rose significantly yesterday. The price finished the session slightly below 1.073. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might go up above 1.075 and the R1 resistance level. But if the bears take control over the market, the price could drop below 1.072.
GBPUSD
The GBPUSD managed to rise a bit yesterday. The price finished the session slightly above 1.259. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might go up above 1.266. But if the bears take control over the market, the price could return below 1.26 and reach the EMA 77.
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