Midday update for the EURUSD 29-10-2019
Economies.com
2019-10-29 10:25AM UTC
The EURUSD pair shows new bearish bias to approach testing 1.1065 level, which urges caution from the upcoming trading, as the price is affected by stochastic negativity, noting that breaking the mentioned level will stop the expected rise for today and press on the price to head towards 1.0995 as a next negative station, while the price needs to breach 1.1105 to confirm resuming the bullish trend that targets 1.1180 initially.
The expected trading range for today is between 1.1000 support and 1.1180 resistance.
The expected trend for today: Bullish
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