The EURUSD tests the resistance – Analysis - 27-02-2019
Economies.com
2019-02-27 05:20AM UTC
The EURUSD pair tested the key resistance 1.1395 and rebounds bearishly from there, affected by stochastic negativity, to remain stuck between the trend keys represented by the mentioned resistance and 1.1305 support, which keeps our neutrality valid until the price confirms breaching one of the mentioned levels.
Note that breaching the mentioned resistance will push the price to achieve gains that start at 1.1443 followed by 1.1550, while breaking the support will press on the pair to decline towards 1.1180 again.
The expected trading range for today is between 1.1280 support and 1.1460 resistance.
The expected trend for today: Neutral
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