EURUSD settles below the resistance – Analysis - 24-12-2018
Economies.com
2018-12-24 05:23AM UTC
The EURUSD pair confirmed the stability below 1.1443 after closing last Friday’s trading below it, to reactivate the bearish trend scenario on the intraday and short term basis, targeting visiting 1.1300 followed by 1.1181 after breaking the previous level.
Stochastic provides negative signal that supports the expected decline, which conditions the price stability below 1.1443, noting that the markets might witness calm trades today due to the holidays at most of the major banks.
Expected trading range for today is between 1.1300 support and 1.1443 resistance.
Expected trend for today: Bearish
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