EURUSD confirms the break – Analysis - 08-02-2019

2019-02-08 05:06:00 GMT (Economies.com)
EURUSD confirms the break – Analysis - 08-02-2019
 

The EURUSD pair ended yesterday’s trading below 1.1370 level, to keep the negative pressure valid for the upcoming period, supported by the EMA50, waiting to continue the decline towards our next target at 1.1181.

 

We should note that breaching 1.1370 followed by 1.1443 will stop the negative scenario and lead the price to return to rise on the short term basis.

 

The expected trading range for today is between 1.1240 support and 1.1410 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1079
-0.0019
0.1699%
1.2133
-0.0021
0.1761%
16.873
-0.231
1.353%
56.193
1.393
2.541%
59.76
1.12
1.91%
1496.300
-15.965
1.056%
 
 
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