EURUSD keeps the support base – Analysis - 16-11-2018

Economies.com
2018-11-16 05:05AM UTC

The EURUSD pair kept the daily close stability above 1.1300, to continue suggesting the bullish trend on the intraday and short term basis, motivated by the positive overlapping signal provided by stochastic, waiting to visit 1.1443 level that represents our next main target.

 

We remind you that breaking 1.1300 and holding below it will press the price to achieve negative targets that start at 1.1181.

 

Expected trading range for today is between 1.1250 support and 1.1440 resistance.

 

Expected trend for today: Bullish

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