EURUSD approaches the target – Analysis - 31-10-2018
Economies.com
2018-10-31 04:41AM UTC
The EURUSD pair shows more bearish bias to keep approaching the first waited target at 1.1300, falling under continuous negative pressure coming by the EMA50, waiting to break the mentioned level to confirm extending the bullish wave towards 1.1181.
Therefore, we will keep our bearish overview in the upcoming period unless breaching 1.1443 level and holding above it.
Expected trading range for today is between 1.1250 support and 1.1400 resistance.
Expected trend for today: Bearish
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