Midday update for EURUSD 13-11-2017

Economies.com
2017-11-13 11:01AM UTC

The EURUSD pair did not show any strong move since morning, to continue fluctuating within tight track settling below 1.1679 level, thus, no change to the bearish trends scenario that depends on holding below the mentioned level, affected by the head and shoulders' pattern that appears on chart, besides stochastic negativity, waiting to head towards our next main target at 1.1423.

 

Expected trading range for today is between 1.1550 support and 1.1720 resistance.

 

Expected trend for today: Bearish

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