The EURUSD resumes the decline – Analysis - 13-11-2019

Economies.com
2019-11-13 05:27AM UTC

The EURUSD pair approached 1.0995 level yesterday, showing some slight bullish bias now affected by stochastic positivity, and it might test 1.1030 level before turning back to decline again.

 

In general, we will continue to suggest the bearish trend for the upcoming period unless breaching 1.1065 level and holding above it, supported by the EMA50, reminding you that our next target is located at 1.0950.

 

The expected trading range for today is between 1.0930 support and 1.1080 resistance.

 

The expected trend for today: Bearish

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