Midday update for EUR USD 06/10/2015
Economies.com
2015-10-06 10:39AM UTC
The EURUSD pair fluctuates near the waited to be broken critical support at 1.1180, the price affected by stochastic positivity to show some slight bullish bias, while the bearish trend scenario remains valid for the rest of the day if the price settled below 1.1280 level, supported by the EMA50.
We remind you that our main targets begin at 1.1060 and extend to 1.0860 after breaking the previous level.
Expected trading range for today is between 1.1060 support and 1.1280 resistance.
Expected trend for today: Bearish
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