No news for the EURUSD – Analysis - 20-09-2019
Economies.com
2019-09-20 05:03AM UTC
The EURUSD pair did not show any strong move yesterday, to continue fluctuating at the bearish channel’s resistance that appears on the chart, met by the EMA50 to add more strength to it, waiting to resume the bearish wave that targets 1.0857 level mainly.
Therefore, we will keep our bearish overview conditioned by the price stability below 1.1080, as breaching this level will push the price to test 1.1180 level before any new attempt to decline.
The expected trading range for today is between 1.0950 support and 1.1120 resistance.
The expected trend for today: Bearish
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