The EURUSD declines calmly – Analysis - 15-05-2019
Economies.com
2019-05-15 01:01AM UTC
The EURUSD pair crawls downwards slightly to continue approaching 1.1180 level, reinforcing the expectations of continuing the bearish trend on the intraday and short term basis, noticing that stochastic provides negative overlapping signal that supports the chances of breaking the mentioned level to confirm heading towards 1.1100 followed by 1.1000 levels mainly.
Therefore, we will keep our bearish overview conditioned by the price stability below 1.1250.
The expected trading range for today is between 1.1120 support and 1.1280 resistance.
The expected trend for today: Bearish
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