The EURUSD is forced for some decline – Analysis - 13-06-2019
Economies.com
2019-06-13 04:40AM UTC
The EURUSD pair provided slight negative trades yesterday to approach testing the first key support 1.1255, as the price is affected by stochastic negativity, but the EMA50 continues to provide the positive support to the price, to keep the bullish trend scenario valid for the upcoming period, waiting to test 1.1443 level mainly.
We should note that breaking 1.1255 followed by 1.1180 levels will stop the expected rise and press on the price to resume the bearish trend on the medium term basis.
The expected trading range for today is between 1.1230 support and 1.1380 resistance.
The expected trend for today: Bullish
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