The EURUSD keeps its negative stability – Analysis - 20-05-2019
Economies.com
2019-05-20 00:47AM UTC
The EURUSD pair ended the last week trading below 1.1180 level, which supports the continuation of our bearish trend expectations on the intraday and short term basis, and its next targets are located at 1.1100 then 1.1000.
The EMA50 keeps supporting the suggested bearish wave, reminding you that breaching 1.1250 will stop the expected decline and pushes the price to achieve gains that begin at 1.1443 mainly.
The expected trading range for today is between 1.1080 support and 1.1230 resistance.
The expected trend for today: Bearish
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