Midday update for the EURUSD 05-08-2019
Economies.com
2019-08-05 10:57AM UTC
The EURUSD pair shows more of the bullish bias, to approach from 1.1180 level, as long as the price is below this level, so our bearish trend expectations will remain valid, supported by the negative pressure that comes from the EMA50, reminding you that our initial main target is located at 1.1000.
The expected trading range for today is between 1.1030 support and 1.1200 resistance.
The expected trend for today: Bearish
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