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Midday update for the EURUSD 18-03-2021
The EURUSD pair trades with clear negativity to move away from 1.1976 level, reinforcing the expectations of continuing the bearish trend, supported by the negative overlapping signal provided by stochastic now, waiting to test 1.1888 initially, reminding you that breaking this level will extend the bearish wave to reach 1.1780, while holding below 1.1976 represents key condition to continue the expected decline.
The expected trading range for today is between 1.1860 support and 1.2020 resistance.
The expected trend for today: Bearish
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