Midday update for the EURUSD 08-05-2019

Economies.com
2019-05-08 10:04AM UTC

The EURUSD pair did not show any new move since morning, to continue fluctuating around 1.1200 level, thus, no change to the bearish trend scenario that depends on the price stability below 1.1250, while its first main target located at 1.1100.

 

The expected trading range for today is between 1.1100 support and 1.1260 resistance.

 

The expected trend for today: Bearish

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