The EURUSD is stable – Analysis - 02-08-2019
Economies.com
2019-08-02 04:55AM UTC
The EURUSD pair did not show any strong move yesterday, and it continues to fluctuate around the intraday bearish channel’s support line that appears on the chart, and as long as the price is below 1.1180, our bearish overview will remain active for today, supported by the negative pressure formed by the EMA50, noting that our next targets begin at 1.1000 and extend to 1.0857 after surpassing the previous level.
The expected trading range for today is between 1.0950 support and 1.1140 resistance.
The expected trend for today: Bearish
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