Midday update for EURUSD 26-11-2018
Economies.com
2018-11-26 10:50AM UTC
The EURUSD pair shows calm positive trades since morning but it’s still below 1.1400 barrier, and the EMA50 keeps pressing negatively on the price, which supports the continuation of the expected bearish trend scenario for the upcoming period, which its targets begin by breaking 1.1300 level to confirm extending the bearish wave towards 1.1181, reminding you that it is important to hold below 1.1443 to continue the suggested decline.
Expected trading range for today is between 1.1240 support and 1.1400 resistance.
Expected trend for today: Bearish
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