EURUSD is stable – Analysis - 22-01-2019

Economies.com
2019-01-22 05:04AM UTC

The EURUSD pair did not show any strong move yesterday, to continue fluctuating at the bullish channel’s support line at 1.1350, thus, no change to the bearish trend scenario that depends on the price stability below 1.1443, supported by the negative pressure formed by the EMA50, reminding you that our next target extends to reach 1.1181.

 

Expected trading range for today is between 1.1270 support and 1.1400 resistance.

 

Expected trend for today: Bearish

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