Midday update for EURUSD 23-10-2018

Economies.com
2018-10-23 09:33AM UTC

The EURUSD pair shows some slight bullish bias affected by stochastic positivity, but it’s still below the key resistance 1.1525, to keep the bearish trend scenario valid for the rest of the day, which conditions the price stability below the mentioned level, reminding you that breaking 1.1443 is required to head towards 1.1300 as a next main station.

 

Expected trading range for today is between 1.1350 support and 1.1525 resistance.

 

Expected trend for today: Bearish

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