Midday update for EUR USD 27/04/2015
Economies.com
2015-04-27 10:52AM UTC
The EURUSD pair shows weak trading since morning, keeping its stability above 1.0800 until now, while stochastic attempts to get rid of its negativity and gaining positive momentum gradually to support the chances of resuming the bullish trend.
Therefore, we keep preferring the bullish trend for today, if the price settled above 1.0710 level, reminding you that the first extended target at 1.1000.
Expected trading range for today is between 1.0750 support and 1.1000 resistance.
Expected trend for today: Bullish
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