Midday update for the EURUSD 19-08-2019

Economies.com
2019-08-19 09:23AM UTC

The EURUSD pair shows slight bullish bias to test 1.1100 barrier, as long as the price is below 1.1180, so our bearish trend expectations will remain valid in the upcoming period, supported by the negative pressures that comes from the EMA50, reminding you that our next main target at 1.1000.

 

The expected trading range for today is between 1.1000 support and 1.1160 resistance.

 

The expected trend for today: Bearish

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