Midday update for EURUSD 02-11-2018
Economies.com
2018-11-02 10:57AM UTC
The EURUSD pair tests the key resistance 1.1443 now, which urges caution from the upcoming trading, especially that we are approaching the release of the US economic data, which might cause mixed trades at the markets.
In general, we will keep our bearish overview unless breaching the above mentioned level, which will push the price to achieve gains that start at 1.1550 and extend to 1.1705, while the first target of the suggested bearish wave is located at 1.1300.
Expected trading range for today is between 1.1280 support and 1.1480 resistance.
Expected trend for today: Bearish
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