The EURUSD keeps its negative stability – Analysis - 26-07-2019
Economies.com
2019-07-26 04:31AM UTC
The EURUSD pair keeps its stability below the key resistance 1.1180, thus, our bearish overview will remain valid until now, supported by the negative pressure formed by the EMA50, waiting to resume the bearish bias that targets 1.1100 followed by 1.1000 levels as next main stations.
We should note that breaching 1.1180 and holding above it would push the price to start recovery attempts that target 1.1245 initially, and extend to 1.1443 after breaching the previous level.
The expected trading range for today is between 1.1050 support and 1.1200 resistance.
The expected trend for today: Bearish
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