Midday update for the EURUSD 19-11-2020
Economies.com
2020-11-19 10:31AM UTC
The EURUSD pair faces negative pressure to attack the key support 1.1825, which urges caution from the upcoming trading, as breaking this level represents the key to stop the positive scenario and turn to decline and visit 1.1720 mainly.
Until now, the bullish trend scenario will remain valid conditioned by the price stability above 1.1825, reminding you that our main waited target reaches 1.2011.
The expected trading range for today is between 1.1770 support and 1.1950 resistance.
The expected trend for today: Bullish
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