The EURUSD crawls downwards – Analysis - 26-11-2019
Economies.com
2019-11-26 05:39AM UTC
The EURUSD pair provided calm negative trades yesterday and approached 1.0995 level, and the negative effect of the double top pattern continues to press on the price to achieve more expected decline in the upcoming period, to continue suggesting the bearish trend on the intraday and short term basis, which its next target located at 1.0950.
The EMA50 supports the decline expectations, reminding you that it is important to hold below 1.1065 to continue the suggested bearish bias.
The expected trading range for today is between 1.0930 support and 1.1080 resistance.
The expected trend for today: Bearish
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