Forex

Midday update for the EURUSD 08-11-2019

2019-11-08 10:37:34 GMT (Economies.com)

The EURUSD pair resumes its negative trading to move away from 1.1065 level, reinforcing the expectations of continuing the bearish trend for the rest of the day, affected by the negativity of the double top pattern, which targets 1.0995 followed by 1.0950 levels as next main stations, reminding you that it is important to hold below 1.1065 and 1.1105 levels to continue the expected decline.

 

The expected trading range for today is between 1.0950 support and 1.1120 resistance.

 

The expected trend for today: Bearish

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