The EURUSD awaits the confirmation – Analysis - 18-07-2019

The EURUSD pair shows calm bullish bias to test the EMA50, and the price continues to fluctuate between the key levels represented by 1.1180 support and 1.1295 resistance, and as we mentioned yesterday, the price needs to breach one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.

We remind you that breaking the mentioned support will press on the price to achieve more decline and head towards 1.1100 as a next negative station, while breaching the resistance will lead the price to start new recovery attempts that target 1.1350 followed by 1.1443 levels initially.

The expected trading range for today is between 1.1150 support and 1.1330 resistance.

The expected trend for today: Depends on the above mentioned levels