EUR analysis 12.08.2019

EURUSD continues to fluctuate in a narrow and sideways path, maintaining stability above 1.1180, thus our bullish outlook will remain intact, targeting 1.1350 then 1.1443 as the next major stops, noting that a break of 1.1180 and stability below it will pressure the pair. The price is down towards 1.1100 initially.

Expected trading range for today is between 1.1130 support and 1.1290 resistance.

Expected trend for today: Bullish.