EURUSD keeps its negative stability – Analysis - 20-12-2018
Economies.com
2018-12-20 04:40AM UTC
The EURUSD pair kept its stability below 1.1443 level after the positive attempts yesterday, noticing that stochastic loses its positive momentum gradually, while the EMA50 keeps pressing negatively on the price.
Therefore, these factors encourage us to prefer the bearish trend that targets 1.1300 then 1.1181 levels mainly, reminding you that breaching 1.1443 will push the price to turn higher and visit levels that begin at 1.1550 and extend to 1.1705.
Expected trading range for today is between 1.1280 support and 1.1443 resistance.
Expected trend for today: Bearish
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