The EURUSD keeps declining – Analysis - 11-11-2019
Economies.com
2019-11-11 05:51AM UTC
The EURUSD pair continues to decline to confirm surpassing 50% Fibonacci correction level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, and the way is open to achieve our waited negative targets at 1.0995 followed by 1.0950.
The negative effect of the double top pattern still active, to continue suggesting the bearish trend unless breaching 1.1065 followed by 1.1105 levels and holding above them.
The expected trading range for today is between 1.0930 support and 1.1100 resistance.
The expected trend for today: Bearish
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