The EURUSD keeps its negative stability – Analysis - 17-02-2020
Economies.com
2020-02-17 05:39AM UTC
The EURUSD pair still below 1.0860, therefore, the bearish trend scenario still active for the upcoming period, supported by the negative pressure formed by the EMA50, and the ways is open to achieve our next target at 1.0760.
We remind you that we suggest the continuation of the bearish trend on the medium term and long term basis, taking into consideration that breaching 1.0860 represents positive key that will lead the price to start recovery attempts and achieve some bullish correction.
The expected trading range for today is between 1.0750 support and 1.0900 resistance.
The expected trend for today: Bearish
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