Midday update for EURUSD 06-03-2017
Economies.com
2017-03-06 11:22AM UTC
The EURUSD pair retests 1.0581 level that turns into an important support now, where the price affected by stochastic negativity, as long as the price above this level, so our positive expectations will remain valid in the upcoming period, waiting for testing 1.0731 level as an initial main target.
You should be aware that breaking 1.0581 level will put the price under negative pressure again, targeting levels that begin at 1.0495 and extend to reach 1.339 after breaking the previous level.
Expected trading range for today is between 1.0500 support and 1.0731 resistance.
Expected trend for today: Bullish
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