EURUSD is stable – Analysis - 08-10-2018

2018-10-08 05:37:18 GMT (Economies.com)
EURUSD is stable – Analysis - 08-10-2018
 

The EURUSD pair settles below 1.1525 level, showing weak trades since the beginning of the day, it might continue all the day affected by the US markets’ holidays.

 

In general, the price stability below 1.1525 makes us continue to suggest the bearish trend for the upcoming period, waiting to test 1.1443 level initially, reminding you that breaching 1.1525 will push the price to test the key resistance at 1.1705 before any new attempt to decline.

 

Expected trading range for today is between 1.1420 support and 1.1570 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1305
-0.0092
0.8081%
1.2587
-0.0116
0.9120%
14.564
-0.057
0.386%
51.211
-1.034
1.980%
60.23
-1.17
1.91%
1238.250
-9.790
0.784%
 
 
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