Midday update for the EURUSD 18-10-2019

Economies.com
2019-10-18 10:42AM UTC

The EURUSD pair shows slight positive trading in attempt to resume the expected bullish trend for today, to keep our bullish overview supported by the EMA50, reminding you that we are waiting to test 1.1180 level, which breaching it represents the key to rally towards 1.1280, while the expected rise will remain valid conditioned by the price stability above 1.1040.

 

The expected trading range for today is between 1.1040 support and 1.1220 resistance.

 

The expected trend for today: Bullish

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