The EURUSD is stable – Analysis - 01-04-2019
Economies.com
2019-04-01 04:31AM UTC
The EURUSD pair settles within tight range below the broken support line that appears on the chart, and the EMA50 forms continuous negative pressure against the price, to keep the bearish trend scenario active for the upcoming period, waiting to test 1.1180 level initially.
Therefore, we are waiting for negative trades today conditioned by the price stability below 1.1300, reminding you that surpassing the targeted level will extend the bearish wave to reach 1.1100 as a next main target.
The expected trading range for today is between 1.1130 support and 1.1300 resistance.
The expected trend for today: Bearish
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