EURUSD declines again – Analysis - 03-01-2019
Economies.com
2019-01-03 05:23AM UTC
The EURUSD pair approached our first waited negative target at 1.1300 after the strong decline that it witnessed yesterday, settling around 1.1350 now, to keep the bearish trend suggested in the upcoming sessions, depending on the price stability below 1.1443, waiting to break 1.1300 to confirm heading towards 1.1181.
Stochastic provides negative overlapping signal now that supports the continuation of the decline on the intraday and short term basis.
Expected trading range for today is between 1.1250 support and 1.1440 resistance.
Expected trend for today: Bearish
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