EURUSD keeps its negative stability – Analysis - 13-11-2017
Economies.com
2017-11-13 04:49AM UTC
The EURUSD pair opens this week below 1.1679 level, to keep the negative effect of the head and shoulders' pattern active, supported by the negative signal that appears through stochastic, which supports the chances of the decline in the upcoming sessions.
Therefore, the bearish trend scenario will remain valid on the intraday and short term basis unless breaching 1.1679 level and holding above it, reminding you that our next main target is located at 1.1423.
Expected trading range for today is between 1.1550 support and 1.1720 resistance.
Expected trend for today: Bearish
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