EURUSD keeps its negative stability – Analysis - 29-10-2018
Economies.com
2018-10-29 04:21AM UTC
The EURUSD pair settles below the key resistance 1.1443, which represents 50% Fibonacci correction level that was broken previously, to keep the bearish trend scenario valid on the intraday and short term basis, which targets visiting the next correctional level at 1.1181.
Breaking 1.1300 will ease the mission of heading towards the above mentioned target, while breaching 1.1443 will push the price to start recovery attempts and regain the main bullish trend again.
Expected trading range for today is between 1.1300 support and 1.1460 resistance.
Expected trend for today: Bearish
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