The EURUSD within tight track – Analysis - 29-11-2019

Economies.com
2019-11-29 05:15AM UTC

The tight range dominated the EURUSD pair’s trades yesterday, thus, no change to the bearish trend scenario that depends on the price stability below 1.1065 level, waiting to head towards 1.0950 as a next target.

 

We should note that breaching 1.1065 will stop the expected decline and lead the price to achieve gains that start at 1.1105 and extend to 1.1180.

 

The expected trading range for today is between 1.0930 support and 1.1065 resistance.

 

The expected trend for today: Bearish

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