Midday update for EURUSD 06-12-2018

Economies.com
2018-12-06 10:39AM UTC

The tight range continues to dominate the EURUSD pair’s trades, which keeps its stability below 1.1443, thus, no change to the bearish trend scenario that depends on the price stability below the mentioned level, supported by stochastic and the EMA50 negativity, reminding you that our main targets begin at 1.1300 and extend to 1.1181.

 

Expected trading range for today is between 1.1240 support and 1.1400 resistance.

 

Expected trend for today: Bearish

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