End of day analysis for EURUSD 23-05-2017
Economies.com
2017-05-23 19:34PM UTC
The EURUSD pair traded with clear negativity by today's end heading towards potential retest to the support base formed above 1.1123, and as long as the price is above this level, our bullish overview will remain active for the upcoming period, supported by the EMA50 and stochastic reach to the oversold areas.
Therefore, we will continue to suggest the overall bullish trend unless breaking 1.1123 level and holding below it, waiting to target 1.1365 level as a next main station.
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