No news for EURUSD – Analysis - 14-11-2017
Economies.com
2017-11-14 04:18AM UTC
The EURUSD pair continues to fluctuate within tight track since days, and the price still below 1.1679 level, to keep the negative effect of the head and shoulders' pattern active, supported by stochastic reach to the overbought areas again.
Therefore, the bearish trend will remain suggested in the upcoming period, and the next main target is located at 1.1423, noting that breaching 1.1679 and holding above it will push the price to regain the main bullish trend, which its main targets begin at 1.2100.
Expected trading range for today is between 1.1570 support and 1.1720 resistance.
Expected trend for today: Bearish
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