Midday update for the EURUSD 22-05-2019

Economies.com
2019-05-22 09:09AM UTC

The EURUSD pair did not show any strong move since morning, to remain stable below 1.1180m which keeps our bearish overview valid for the rest of the day, depending on the price stability below the mentioned level as an initial condition, while our next targets are located at 1.1100 followed by 1.1000.

 

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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