The EURUSD within tight range – Analysis - 22-08-2019

Economies.com
2019-08-22 04:36AM UTC

The EURUSD pair did not show any strong move in the previous sessions, to continue fluctuating around 1.1100 level, thus, no change to the bearish trend scenario that depends on the price stability below 1.1180, supported by the EMA50, waiting to visit 1.1000 as a next main target.

 

The expected trading range for today is between 1.1000 support and 1.1150 resistance.

 

The expected trend for today: Bearish

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