Midday update for the EURUSD 17-11-2021
Economies.com
2021-11-17 10:30AM UTC
The EURUSD pair provided additional negative trades to break 1.1300 level but it returns to trade above it, affected by stochastic positivity, waiting to get negative motive that assist to push the price to resume the bearish trend that targets 1.1145 level mainly.
In general, we will continue to suggest the bearish trend for today unless the price rallied to breach 1.1375 and hold above it.
The expected trading range for today is between 1.1200 support and 1.1375 resistance.
The expected trend for today: Bearish
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