Midday update for the EURUSD 08-07-2019

Economies.com
2019-07-08 11:12AM UTC

The EURUSD pair shows bearish bias now after the slight rise that it witnessed thig morning, and as long as the price is below 1.1255 and 1.1290 levels, our bearish overview will remain active for today, supported by the EMA50 that presses negatively on the price, reminding you that our waited targets begin at 1.1180 and extend to 1.1100.

 

The expected trading range for today is between 1.1140 support and 1.1290 resistance.

 

The expected trend for today: Bearish

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