Midday update for EURUSD 14-12-2018

Economies.com
2018-12-14 10:53AM UTC

The EURUSD pair resumes its negative trading clearly to succeed achieving our first waited target at 1.1300 and presses negatively on it to move below it now, waiting to confirm the break to open the way to head towards 1.1181 that represents our next main target.

 

Therefore, the bearish trend will remain dominant for the rest of the day unless breaching 1.1443 level and holding above it.

 

Expected trading range for today is between 1.1260 support and 1.1440 resistance.

 

Expected trend for today: Bearish

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