Midday update for EURUSD 05-01-2017

Economies.com
2017-01-05 11:06AM UTC

The EURUSD pair attempted to breach 1.0519 without managing to hold below it, to remain confined between the next trend keys represented by the mentioned resistance and 1.0460 support, and as we mentioned this morning, the price needs to breach one of these levels to detect its next track clearly, which keeps our neutrality valid until now.

 

To review the expected targets after breach, please check our morning report.

 

Expected trading range for today is between 1.0400 support and 1.0640 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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