EURUSD surpasses the first target – Analysis - 28-11-2018

Economies.com
2018-11-28 05:45AM UTC

The EURUSD pair managed to close the daily candlestick below 1.1300 level, which supports the continuation of our bearish overview efficiently in the upcoming sessions, opening the way to head towards 1.1181 that represents our next main station.

 

The EMA50 keeps pressing negatively on the price to support the expectations of achieving more decline, noting that holding below 1.1443 represents the most important condition to continue the suggested bearish bias.

 

Expected trading range for today is between 1.1180 support and 1.1350 resistance.

 

Expected trend for today: Bearish

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