Yesterday both EURUSD and GBPUSD managed to rise. Toda 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 a little below the R1 resistance level and 1.159. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might rise above the R1 and 1.16. But if the bears take control over the market, the price could drop below the EMA 200 and the Pivot Point.
GBPUSD
The GBPUSD also went up yesterday. The price finished the session above 1.356. Today it is showing mixed sentiment and the volatility is rather low. If the buyers show their strength, the price might rise above 1.36. But if the bears take control over the market, the price could drop below the EMA 77.
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