The EURUSD declines calmly – Analysis - 18-02-2020
Economies.com
2020-02-18 05:51AM UTC
The EURUSD pair shows calm negative trading to move away gradually from 1.0860 level, reinforcing the expectations of continuing the bearish trend in the upcoming period, which targets 1.0760 level as a next station.
The EMA50 keeps supporting the suggested bearish wave, which its targets extend to reach 1.0670 after surpassing the previous level, reminding you that it is important to hold below 1.0860 to continue the expected decline.
The expected trading range for today is between 1.0750 support and 1.0900 resistance.
The expected trend for today: Bearish
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