Midday update for EURUSD 09-10-2018

Economies.com
2018-10-09 09:43AM UTC

The EURUSD pair resumes its negative trading to approach 1.1443 level again, waiting to break this level to reinforce the expectations of continuing the bearish trend in the upcoming sessions, which targets 1.1300 level as a next main station.

 

In general, we will continue to suggest the bearish bias for today unless breaching 1.1525 level and holding above it.

 

Expected trading range for today is between 1.1380 support and 1.1560 resistance.

 

Expected trend for today: Bearish

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