Midday update for EURUSD 14-11-2018

Economies.com
2018-11-14 10:29AM UTC

The EURUSD pair rebounds bearishly after testing 1.1300 level in the previous sessions, to keep the bearish trend scenario active for the rest of the day, supported by the negative pressure formed by the EMA50, reminding you that our next target is located at 1.1181, while achieving it conditions holding below 1.1300.

 

Expected trading range for today is between 1.1180 support and 1.1370 resistance.

 

Expected trend for today: Bearish

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