No news for EURUSD – Analysis - 18-01-2019

Economies.com
2019-01-18 04:52AM UTC

The EURUSD pair did not show any strong move in the previous days, to continue fluctuating around the EMA50, keeping its stability below 1.1443 level, to keep the bearish trend scenario active for the upcoming period, noting that our main targets begin at 1.1340 and extend to 1.1181 after breaking the previous level, while holding below 1.1443 represents key condition to achieve the waited targets.

 

Expected trading range for today is between 1.1300 support and 1.1443 resistance.

 

Expected trend for today: Bearish

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