The EURUSD attempts positively – Analysis - 30-04-2019

Economies.com
2019-04-30 04:28AM UTC

The EURUSD pair provides positive trading now and moves above 1.1180 level, as the price is affected by stochastic positivity, and it might head to test the most important resistance at 1.1250 before turning back to decline again.

 

In general, we will continue to suggest the bearish trend unless breaching the above mentioned resistance, as the EMA50 continues to press negatively on the price, waiting to visit 1.1100 level initially, noting that breaching 1.1250 and holding above it will push the price to achieve positive targets that start at 1.1320 and extend to 1.1443.

 

The expected trading range for today is between 1.1100 support and 1.1260 resistance.

 

The expected trend for today: Bearish

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