End of day analysis for EURUSD 27-07-2017

Economies.com
2017-07-27 19:26PM UTC

The EURUSD pair continued its negative trading to approach from the EMA50, noticing that stochastic gets rid of its negativity to head towards the oversold areas, waiting to support the price to resume the bullish trend again.

 

In general, the bullish trend will remain valid for the upcoming period conditioned by holding above 1.1595, noting that the extended target reaches 1.1870.

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