EURUSD approaches the resistance – Analysis - 30-11-2018
Economies.com
2018-11-30 04:27AM UTC
The EURUSD pair begins today’s trading with calm positivity to crawl gradually towards the key resistance 1.1443 which urges caution from the upcoming trading, as breaching this level will push the price to achieve more gains and visit 1.1550 followed by 1.1705 levels mainly.
Until now, we will continue to suggest the bearish trend on the intraday and short term basis as long as 1.1443 level remains intact, supported by the EMA50 that meets the mentioned level to add more strength to it, reminding you that our main targets begin at 1.1300 and extend to 1.1181.
Expected trading range for today is between 1.1280 support and 1.1443 resistance.
Expected trend for today: Bearish
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