EURUSD affected by the positive momentum – Analysis - 18-12-2018

Economies.com
2018-12-18 05:04AM UTC

The EURUSD pair settles around 1.1355 level after the slight rise that it witnessed yesterday, as the price is affected by stochastic positivity, but as long as the price is below 1.1443, our bearish overview will remain valid, which targets 1.1300 followed by 1.1181 levels mainly.

 

We remind you that breaching 1.1443 will lead the price to achieve gains that start at 1.1550 and extend to 1.1705.

 

Expected trading range for today is between 1.1250 support and 1.1420 resistance.

 

Expected trend for today: Bearish

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