Midday update for the EURUSD 18-11-2019
Economies.com
2019-11-18 10:48AM UTC
The EURUSD pair keeps fluctuating at 1.1065 level without breaching it until now, getting positive support from the EMA50, while stochastic shows overbought signal.
Therefore, our neutral attitude will remain valid until confirming breaching the resistance levels between 1.1065 and 1.1105 or breaking 1.0995 support to detect the next trend clearly, pointing that the details of the expected targets from the breach appear in our morning report.
The expected trading range for today is between 1.0970 support and 1.1150 resistance.
The expected trend for today: Neutral
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