Midday update for the EURUSD 21-03-2019
Economies.com
2019-03-21 10:58AM UTC
The EURUSD pair trades negatively since morning to approach 23.6% Fibonacci correction level, waiting for more decline to visit 1.1340 level that represents our main expected target for today, supported by negativity that appears on stochastic, to continue suggesting the bearish bias unless the price rallied to breach 1.1443 level and hold with a daily close above it.
The expected trading range for today is between 1.1340 support and 1.1500 resistance.
The expected trend for today: Bearish
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