The EURUSD around the moving average – Analysis - 16-04-2019
Economies.com
2019-04-16 03:39AM UTC
The EURUSD pair fluctuates near the EMA50 now, showing slight bearish bias with the beginning of today’s trading, which provides signals for the price head to return to the bearish track again, but we still preferring the continuation of the temporary positive scenario unless breaking 1.1235 then 1.1180 levels and holding above them.
Therefore, we wait for positive trading in the upcoming sessions, reminding you that our expected targets begin at 1.1350 and extend to 1.1443 after breaching the previous level.
The expected trading range for today is between 1.1220 support and 1.1400 resistance.
The expected trend for today: Bullish temporarily
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