The EURUSD gets a negative close – Analysis - 17-05-2019
Economies.com
2019-05-17 00:43AM UTC
The EURUSD pair managed to close the daily candlestick below 1.1180, which reinforces the expectations of continuing the bearish trend efficiently on the intraday and short term basis, reminding you that our main waited targets begin at 1.1100 and extend to 1.1000.
The EMA50 keeps supporting the suggested bearish wave, reminding you that breaching 1.1250 will stop the expected decline and push the price to start recovery attempts that target testing 1.1443 areas mainly.
The expected trading range for today is between 1.1090 support and 1.1250 resistance.
The expected trend for today: Bearish
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