Midday update for EUR USD 11/02/2016
Economies.com
2016-02-11 11:49AM UTC
The EURUSD pair traded with clear positivity this morning to approach from our first main waited target at 1.1360, waiting for breaching this level to confirm opening the way towards 1.1494 as a next main station.
In general, we will keep our positive expectations as long as the price above 1.1264 level, pointing that stochastic current negativity might force the price to provide some temporary sideways trading before resuming the suggested bullish bias.
Expected trading range for today is between 1.1200 support and 1.1400 resistance.
Expected trend for today: Bullish
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