The EURUSD moves slowly – Analysis - 22-05-2019

Economies.com
2019-05-22 00:55AM UTC

The EURUSD pair provided calm negative trades yesterday in attempt to move away from 1.1180 level, thus, no change to the expected bearish trend scenario on the intraday and short term basis, which targets 1.1100 followed by 1.1000 levels as next main stations.

 

We should note that the continuation of the suggested bearish wave requires holding below 1.1180 and the most important below 1.1255.

 

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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