Midday update for EURUSD 20-07-2018

Economies.com
2018-07-20 11:38AM UTC

The EURUSD pair settles near 1.1650 level since morning, keeping the bearish trend scenario valid as it is without any change for today, depending on the stability below 1.1705 and 1.1765 levels, supported by the negative pressure that comes from the EMA50, pointing that the expected targets begin at 1.1554 then 1.1443.

 

Expected trading range for today is between 1.1530 support and 1.1720 resistance.

 

Expected trend for today: Bearish

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