Midday update for EURUSD 06-06-2017
Economies.com
2017-06-06 10:02AM UTC
The EURUSD pair didn’t show any strong move since morning, to remain stable near 1.1250 level, while the EMA50 keeps providing support from below.
Therefore, the bullish trend scenario will remain valid as it is without any change for today, waiting for testing 1.1365 level initially, reminding you that breaching this level will push the price to 1.1615 on the near term basis, while the expected rise will remain valid unless breaking 1.1123 level and holding below it.
Expected trading range for today is between 1.1200 support and 1.1365 resistance.
Expected trend for today: Bullish
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