Midday update for EURUSD 09-08-2018

Economies.com
2018-08-09 09:19AM UTC

The EURUSD pair shows negative trading now that hints heading to resume the recently suggested bearish trend, to keep the bearish trend scenario active for the rest of the day, waiting to break 1.1554 level to confirm opening the way to head towards 1.1443 that represents our next main target, reminding you that the continuation of the expected decline conditions holding below 1.1645 and the most important below 1.1715.

 

Expected trading range for today is between 1.1500 support and 1.1700 resistance.

 

Expected trend for today: Bearish

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