EURUSD begins with more positivity – Analysis - 28-12-2018
Economies.com
2018-12-28 04:56AM UTC
The EURUSD pair ended yesterday’s trading below 1.1443, but it begins today with more rise to breach this level and moves above it, which urges caution from the upcoming trading, as the price stability above this level will stop the recently suggested negative scenario and push the price to achieve gains that start at 1.1550 and extend to 1.1705.
Now, we prefer to stay aside in order to monitor the daily close according to 1.1443 level, noting that trading below it again will reactivate the bearish trend scenario that targets 1.1300 level initially.
Expected trading range for today is between 1.1350 support and 1.1550 resistance.
Expected trend for today: Neutral
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