Midday update for EURUSD 11-09-2018
Economies.com
2018-09-11 09:52AM UTC
The EURUSD pair returned to rise to test the key resistance 1.1620, but it still below it until now, which keeps the bearish trend scenario valid until now, which requires breaking 1.1554 level to confirm heading towards 1.1443 that represents our first negative target.
Note that breaching 1.1620 level is considered as the first positive key to regain the main bullish trend, which its targets begin at 1.1705 and extend to 1.1850 followed by 1.1975.
Expected trading range for today is between 1.1480 support and 1.1660 resistance.
Expected trend for today: Bearish
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