The EURUSD crawls downwards – Analysis - 09-07-2019
Economies.com
2019-07-09 04:45AM UTC
The EURUSD pair trades with calm negativity to approach gradually from our waited target at 1.1180, and the EMA50 continues to press negatively on the price, to support the chances of breaking the mentioned level and open the way to target 1.1100 as a next negative station.
Therefore, we will continue to suggest the bearish trend in the upcoming period unless breaching 1.1260 – 1.1275 levels and holding above them.
The expected trading range for today is between 1.1130 support and 1.1275 resistance.
The expected trend for today: Bearish
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