Midday update for EURUSD 05-10-2018

The EURUSD pair resumes its negative trading to move below 1.1500 now, to keep preferring the bearish trend for the rest of the day, and its next target at 1.1443, reminding you that holding below 1.1525 is important for the continuation of the suggested decline, and its targets extend to reach 1.1300 after surpassing the initial target.

Note that is important to be careful during the upcoming trading, especially when the issuance of the unemployment and the US economy payroll data, which might cause strong and mixed trading in the market generally.

Expected trading range for today is between 1.1400 support and 1.1580 resistance.

Expected trend for today: Bearish