Midday update for EURUSD 24-08-2018

Economies.com
2018-08-24 10:25AM UTC

The EURUSD pair continues to fluctuate around 1.1554 level, and the negative signals still coming by the EMA50 and stochastic, to keep the price inside the bearish channel that appears on the chart.

 

Therefore, we will keep our bearish overview for today, which depends on the price stability below 1.1600, while its first main target located at 1.1443.

 

Expected trading range for today is between 1.1443 support and 1.1620 resistance.

 

Expected trend for today: Bearish

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