Midday update for EURUSD 22-10-2018

Economies.com
2018-10-22 09:39AM UTC

The EURUSD pair trades with clear positivity now to attack 1.1525 level, which urges caution from the upcoming trades, as holding above this level will stop today’s suggested negative scenario and push the price towards 1.1705 initially.

 

Until now, we will keep the bearish trend scenario conditioned by the price stability below 1.1525, reminding you that the waited targets begin at 1.1443 and extend to 1.1300 after breaking the previous level.

 

Expected trading range for today is between 1.1400 support and 1.1600 resistance.

 

Expected trend for today: Bearish

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