Midday update for EURUSD 05-11-2018

Economies.com
2018-11-05 10:47AM UTC

The EURUSD pair resumes its negative trading calmly on its way to visit our first waited target at 1.1300, to keep the bearish trend scenario active for today, supported by the negative pressure formed by the EMA50, reminding you that holding below 1.1443 is key condition to continue the suggested decline.

 

Expected trading range for today is between 1.1280 support and 1.1443 resistance.

 

Expected trend for today: Bearish

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