No news for EURUSD – Analysis - 14-12-2018

Economies.com
2018-12-14 05:07AM UTC

The EURUSD pair continues to move around 1.1360 level, and the EMA50 keeps pressing negatively on the price, to protect the continuation of the recently suggested bearish trend scenario, which targets 1.1300 followed by 1.1181 levels after breaking the previous level.

 

We remind you that breaching 1.1443 will stop the expected decline and lead the price to achieve gains that start at 1.1550 and extend to 1.1705.

 

Expected trading range for today is between 1.1260 support and 1.1440 resistance.

 

Expected trend for today: Bearish

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