The EURUSD breaks the support – Analysis - 06-03-2019
Economies.com
2019-03-06 04:44AM UTC
The EURUSD pair confirmed breaking 1.1300 level after closing the daily candlestick below it, which puts the price under more expected negative pressure for the upcoming period, waiting to head towards 1.1180 that represents the next main target.
The EMA50 supports the expectations to decline, taking into consideration that breaching 1.1300 and holding above it again will push the price back to the sideways track and might push trades to test 1.1400 areas again.
The expected trading range for today is between 1.1180 support and 1.1350 resistance.
The expected trend for today: Bearish
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