The EURUSD fails to confirm the breach – Analysis - 04-03-2019
Economies.com
2019-03-04 05:29AM UTC
The EURUSD pair still stuck between the trend confirmation levels represented by 1.1300 support and 1.1400 resistance after failing to breach the mentioned resistance on last Friday, thus, we will continue with our neutrality until the price succeeds to confirm breaching one of the mentioned levels to get a clearer signal for the next trend.
We remind you that breaching the resistance will push the price to target 1.1443 followed by 1.1550 levels as initial targets, while breaking the support will put the price under the negative pressure again, to head towards 1.1180 mainly.
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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