Midday update for EURUSD 04-01-2019
Economies.com
2019-01-04 10:35AM UTC
The EURUSD pair did not show any strong move since morning, to continue fluctuating around 1.1400, as the markets wait for the US economic data that we expect to cause high volatility for the major pairs.
In general, the bearish trend scenario will remain valid as long as 1.1443 level remains intact, reminding you that our main targets begin at 1.1300 and extend to 1.1181.
Expected trading range for today is between 1.1300 support and 1.1460 resistance.
Expected trend for today: Bearish
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