Midday update for the EURUSD 18-04-2019

The EURUSD pair trades negatively now to test the bullish trend line that appears on the chart, which rises now to 1.1255, forming the first protection factor to the continuation of the expected bullish trend scenario for today, which urges caution from the upcoming trading, as breaking this level followed by 1.1180 will stop the suggested rise and press on the price to resume the bearish trend on the short term and medium term basis, paving the way to head towards 1.1100 as a next negative station.

On the other hand, holding above 1.1255 will push the price to rise again and head towards 1.1350 followed by 1.1443 levels as main targets of the suggested rise.

The expected trading range for today is between 1.1200 support and 1.1380 resistance.

The expected trend for today: Bullish temporarily