The EURUSD continues to fluctuate – Analysis - 23-08-2019

Economies.com
2019-08-23 03:06AM UTC

The EURUSD pair shows more tight trading, and still below 1.1100 barrier, thus, no change to the expected bearish trend scenario on the intraday and short term basis, which gets continuous support by the EMA50, waiting to visit 1.1000 level as a next main station, reminding you that it is important to hold below 1.1180 to continue the expected decline.

 

The expected trading range for today is between 1.0980 support and 1.1140 resistance.

 

The expected trend for today: Bearish

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