Midday update for the EURUSD 15-05-2019
Economies.com
2019-05-15 09:25AM UTC
The EURUSD pair shows calm bearish bias since morning, supported by the negative signal provided by stochastic, to keep our bearish overview that its targets begin by breaking 1.1180 to open the way to head towards 1.1100 followed by 1.1000 levels, noting that breaching 1.1250 will stop the expected decline and push the price to achieve positive targets that reach 1.1443 on the near term basis.
The expected trading range for today is between 1.1120 support and 1.1280 resistance.
The expected trend for today: Bearish
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