EURUSD reaches the first target – Analysis - 12-12-2018
Economies.com
2018-12-12 05:18AM UTC
The EURUSD pair managed to reach few pips away from our first waited target at 1.1300, fluctuating near this level, falling under continuous negative pressure that comes by the EMA50, to support the chances of breaking the mentioned level to open the way to head towards 1.1181 as a next target.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 1.1443 level and holding above it.
Expected trading range for today is between 1.1220 support and 1.1400 resistance.
Expected trend for today: Bearish
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