Midday update for EURUSD 12-11-2018
Economies.com
2018-11-12 10:25AM UTC
The EURUSD pair resumes its negative trading strongly to succeed breaking 1.1300 level and rallies downwards on its way towards our next waited target at 1.1181, to keep the bearish trend scenario valid efficiently in the upcoming sessions, supported by the negative pressure formed by the EMA50, noting that holding below 1.1300 represents initial condition to continue the expected decline.
Expected trading range for today is between 1.1200 support and 1.1400 resistance.
Expected trend for today: Bearish
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