EURUSD attempts to recover – Analysis - 03-10-2018
Economies.com
2018-10-03 04:01AM UTC
The EURUSD pair shows positive trading after finding solid support at 1.1500 barrier, affected by stochastic positivity, and it might test the EMA50 before turning back to decline again.
In general, the bearish trend scenario still valid as long as the price is below 1.1705, as breaching this level will lead the price to regain the main bullish trend, while the next negative target is located at 1.1443.
Expected trading range for today is between 1.1480 support and 1.1660 resistance.
Expected trend for today: Bearish
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