Midday update for EURUSD 07-06-2017
Economies.com
2017-06-07 11:10AM UTC
The EURUSD pair provided strong negative trading attacking the EMA50 and approached from the critical support level at 1.1123, but it returns to rise above 1.1200 barrier, which keeps the bullish trend scenario active for today, targeting visiting 1.1365 level initially.
You should be aware that breaking 1.1123 level will stop the positive expectations and pushes the price to visit 1.0973 levels before any new attempt to rise.
Expected trading range for today is between 1.1200 support and 1.1365 resistance.
Expected trend for today: Bullish
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