Midday update for EURUSD 12-09-2018

Economies.com
2018-09-12 10:02AM UTC

The EURUSD pair shows some slight bearish bias to approach the key support 1.1554, and we still waiting to break this level to confirm extending the bearish wave towards 1.1443 as a next station, to keep the bearish trend suggested supported by the negative pressure formed by the EMA50, reminding you that it is important to hold below 1.1620 to continue the suggested decline.

 

Expected trading range for today is between 1.1480 support and 1.1660 resistance.

 

Expected trend for today: Bearish

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