EURUSD needs a positive motive – Analysis - 15-10-2018
Economies.com
2018-10-15 04:30AM UTC
The EURUSD pair hovers around 1.1550 level since last Friday, noticing that stochastic lost its positive momentum, which pushes the price to provide some negative trades.
But until now, the bullish trend scenario still valid on the intraday basis as long as the price is below 1.1525, as breaking this level will push the price to test 1.1443 areas before any new attempt to rise, while our next main target is located at 1.1705.
Expected trading range for today is between 1.1470 support and 1.1650 resistance.
Expected trend for today: Bullish
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