EURUSD reaches the first target – Analysis - 23-10-2018
Economies.com
2018-10-23 04:09AM UTC
The EURUSD pair settled at our first target at 1.1443, waiting to break this level to confirm rallying towards 1.1300 that represents our next negative target.
Until now, the bearish trend scenario still valid as long as the price is below the minor resistance 1.1525, supported by the negative pressure formed by the EMA50, reminding you that breaching this resistance will push the price to test 1.1705 level initially.
Expected trading range for today is between 1.1350 support and 1.1525 resistance.
Expected trend for today: Bearish
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