EURUSD resumes rising – Analysis - 17-11-2017
Economies.com
2017-11-17 04:25AM UTC
The EURUSD pair begins today's trading with bullish bias as suggested in our last technical update, as the price is affected by stochastic positivity, besides the continuous support coming by the EMA50.
Therefore, we believe that the way is open to resume the main bullish trend, which its next target located at 1.2100, reminding you that holding above 1.1679 represents key condition to continue the suggested rise and guarantee not falling under the correctional bearish pressure on the short term basis.
Expected trading range for today is between 1.1720 support and 1.1900 resistance.
Expected trend for today: Bullish
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