EURUSD is stable – Analysis - 13-12-2018

Economies.com
2018-12-13 05:03AM UTC

The EURUSD pair settled around 1.1365 level after the rise that it witnessed yesterday, falling under continuous negative pressure that comes by the EMA50, which supports the continuation of the expected bearish trend scenario on the intraday and short term basis, which depends on the price stability below 1.1443 level, while its targets begin by breaking 1.1300 level to confirm opening the way to head towards 1.1181.

 

Expected trading range for today is between 1.1260 support and 1.1440 resistance.

 

Expected trend for today: Bearish

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