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Midday update for EURUSD 19-10-2017
The EURUSD pair approached from testing the key resistance 1.1840 this morning and rebounds bearishly from there, supported by stochastic entering the overbought areas, to motivate the price to resume the expected bearish bias for today, which targets testing 1.1679 level mainly.
Therefore, we will keep our bearish overview for the rest of the day unless we witnessed clear breach and hold above 1.1840.
Expected trading range for today is between 1.1679 support and 1.1850 resistance.
Expected trend for today: Bearish
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