Midday update for EUR USD 06/07/2015
Economies.com
2015-07-06 10:33AM UTC
The EURUSD pair still limited between the key levels represented by 1.0990 support and 1.1100 resistance, to continue with our neutrality until now, waiting to breach one of these levels to detect the next targets clearly, noticing that the price managed to cover the gap that appeared today.
We remind you that breaking the mentioned support will push the price to head towards 1.0880 and might extend to 1.0740, while breaching the resistance will allow the price to achieve positive targets that mainly begin by testing the most important resistance for the short term and medium term trading at 1.1420.
Expected trading range for today is between 1.0900 support and 1.1200 resistance.
Expected trend for today: Neutral
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