Midday update for EURUSD 18-10-2018
Economies.com
2018-10-18 09:56AM UTC
The EURUSD pair tests 1.1525 level that was broken previously and still below it, while stochastic continues to provide the negative signals, to keep the bearish trend scenario active until now, supported by the negative pressure formed by the EMA50, reminding you that our main target is located at 1.1443, while achieving it conditions holding below 1.1525.
Expected trading range for today is between 1.1400 support and 1.1580 resistance.
Expected trend for today: Bearish
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