EURUSD awaits the break – Analysis - 24-10-2018
Economies.com
2018-10-24 04:13AM UTC
The EURUSD pair shows tight trading since yesterday’s evening, settling around 1.1470 level, while the EMA50 forms continuous negative pressure against the price, to keep our bearish overview in the upcoming sessions, waiting to break 1.1443 level to confirm rallying towards our next station at 1.1300.
We remind you that breaching 1.1525 will stop the expected decline to push the price to test 1.1705 level initially.
Expected trading range for today is between 1.1360 support and 1.1525 resistance.
Expected trend for today: Bearish
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