Midday update for EURUSD 28-09-2018
Economies.com
2018-09-28 10:12AM UTC
The EURUSD pair shows more bearish bias since morning to surpass our first waited target at 1.1600 and settles below it, waiting for more decline towards our extended target that reaches 1.1443, supported by moving below the EMA50, besides the negative signals that appear through stochastic.
Therefore, we will continue to suggest the bearish bias for today conditioned by the price stability below 1.1705.
Expected trading range for today is between 1.1550 support and 1.1705 resistance.
Expected trend for today: Bearish
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