EUR USD keeps its negative stability – Analysis - 30/11/2015
Economies.com
2015-11-30 05:50AM UTC
The EURUSD pair settles below the 1.0615 level, and the EMA50 keeps pushing negatively on the price, which keeps the bearish trend scenario valid in the upcoming period, the way is open for testing our first target at 1.0500.
We remind you that the mentioned level will extend the bearish wave to reach 1.0350, while the bearish bias will remain valid and active unless breaching 1.0645 level and holding above it.
Expected trading range for today is between 1.0450 support and 1.0650 resistance.
Expected trend for today: Bearish
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