Midday update for the EURUSD 21-05-2019

Economies.com
2019-05-21 09:20AM UTC

The EURUSD pair begins to decline to gradually approach our first waited target at 1.1100, reinforcing the expectations of continuing the bearish trend for the rest of the day, reminding you that breaking this level will press on the price to head towards 1.1000 as a next main station, while breaching 1.1180 will push the price to test 1.1250 level before any new attempt to decline.

 

The expected trading range for today is between 1.1080 support and 1.1230 resistance.

 

The expected trend for today: Bearish

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