Midday update for the EURUSD 17-05-2019
Economies.com
2019-05-17 10:39AM UTC
The EURUSD pair hovers around 1.1180 level since morning and still below it, thus, the bearish trend scenario still valid as it is without any change, supported by the EMA50 that presses negatively on the price, waiting to target 1.1100 followed by 1.1000 levels as next main stations, reminding you that it important to hold below 1.1250 to continue the suggested decline.
The expected trading range for today is between 1.1090 support and 1.1250 resistance.
The expected trend for today: Bearish
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