EURUSD reaches the target – Analysis - 19-10-2018
Economies.com
2018-10-19 04:00AM UTC
The EURUSD pair settles at our main target mentioned in our recent reports at 1.1443, and the EMA50 continues to press negatively on the price, which supports the chances of breaking the mentioned level to push the price towards more decline in the upcoming period, targeting visiting 1.1300 level as a next main station.
We should note that breaching 1.1525 will stop the expected decline and push the price to achieve gains that start at 1.1705.
Expected trading range for today is between 1.1350 support and 1.1525 resistance.
Expected trend for today: Bearish
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