The EURUSD within tight range – Analysis - 11-09-2019

Economies.com
2019-09-11 05:02AM UTC

The EURUSD pair continues to fluctuate within tight track, which keeps the bullish trend scenario valid on the intraday basis, reminding you that the rise is temporary, waiting to test 1.1100 level before resuming the bearish trend again, taking into consideration that breaching the targeted level will push the price to 1.1180 as a next positive target, while breaking 1.1005 will stop the expected rise and press on the price to decline again.

 

The expected trading range for today is between 1.0970 support and 1.1140 resistance.

 

The expected trend for today: Bullish temporarily

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