Forex

Midday update for the EURUSD 19-07-2019

2019-07-19 10:42:19 GMT (Economies.com)

The EURUSD pair shows slight bearish bias since morning to test the EMA50, and the price still stuck between 1.1180 support and 1.1295 resistance, thus, no change to our neutrality, waiting to breach one of these levels to detect the next targets clearly.

 

Note that the details of the expected targets after the breach are explained in our morning report.

 

The expected trading range for today is between 1.1160 support and 1.1350 resistance.

 

The expected trend for today: Depends on the above mentioned levels

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