Midday update for the EURUSD 26-04-2019
Economies.com
2019-04-26 10:23AM UTC
The EURUSD pair shows sideways and tight trades since morning, settling below 1.1180 level, thus, no change to the bearish trend scenario that depends on the price stability below the mentioned level, supported by the negative pressure formed by the EMA50, reminding you that our waited targets begin at 1.1100 and extend to 1.1040.
The expected trading range for today is between 1.1040 support and 1.1200 resistance.
The expected trend for today: Bearish
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