Midday update for the EURUSD 29-07-2019

Economies.com
2019-07-29 09:55AM UTC

The EURUSD pair crawls downwards calmly to approach 1.1100 level, waiting for more decline for the rest of the day, supported by the negative pressure formed by the EMA50, reminding you that breaking the mentioned level will push the price to 1.1000 as a next station, while achieving it conditions holding below 1.1180.

 

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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