Midday update for the EURUSD 20-08-2019

Economies.com
2019-08-20 09:41AM UTC

The EURUSD pair trades with slight negativity to move away gradually from 1.1100 barrier, reinforcing the expectations by the continuation of the bearish trend for the rest of the day, depending on the stability below 1.1180 level, supported by the negative pressure that comes from the EMA50, reminding you that our next main target is located at 1.1000.

 

The expected trading range for today is between 1.1000 support and 1.1150 resistance.

 

The expected trend for today: Bearish

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