EURUSD confirms the break – Analysis - 28-09-2018
Economies.com
2018-09-28 03:52AM UTC
The EURUSD pair confirmed breaking 1.1705 level after closing yesterday below it, which pushes the price to decline on the intraday and short term basis, targeting 1.1600 followed by 1.1443 levels as next negative stations, noticing that the price attempts to press on the EMA50 to support the expectations to decline.
On the other hand, we should note that breaching 1.1705 will stop the current negative pressure and push the price to recover again.
Expected trading range for today is between 1.1550 support and 1.1705 resistance.
Expected trend for today: Bearish
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