The EURUSD fails to confirm the breach – Analysis - 04-03-2019
Economies.com
2019-03-04 10:34AM UTC
The EURUSD pair provides negative trades since morning, on its way towards a potential test to the key support 1.1300, which represents one of the next trend keys besides 1.1400 resistance, waiting to breach one of them to detect the next destination clearly, which keeps our neutrality valid until now.
Note that the continuation of the negative pressure and breaking 1.1300 will push the price to 1.1180 as a next main station, while breaching 1.1400 will lead the price to achieve gains that start at 1.1443 and extend to 1.1550.
The expected trading range for today is between 1.1280 support and 1.1460 resistance.
The expected trend for today: Neutral
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