EURUSD crawls downwards – Analysis - 11-02-2019
Economies.com
2019-02-11 05:22AM UTC
The EURUSD pair trades with calm negativity to continue approaching 1.1300 barrier, to keep the negative pressure valid on the intraday and short term basis, waiting for more decline that targets 1.1181 level as a next main station.
The EMA50 supports the expectations to decline, noting that holding below 1.1390 and 1.1443 levels is important to continue the expected bearish wave.
The expected trading range for today is between 1.1200 support and 1.1400 resistance.
The expected trend for today: Bearish
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