Midday update for EURUSD 11-02-2019

Economies.com
2019-02-11 10:29AM UTC

The EURUSD pair continues to decline to start testing 1.1300 barrier, waiting for more bearish trend that its next target located at 1.1181, supported by moving below the EMA50, reminding you that the continuation of the bearish bias depends on the price stability below 1.1390 and 1.1443 levels.

 

The expected trading range for today is between 1.1200 support and 1.1400 resistance.

 

The expected trend for today: Bearish

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