Midday update for EURUSD 09-03-2017
Economies.com
2017-03-09 11:01AM UTC
The EURUSD pair shows bullish bias to breach the minor falling wedge’s resistance that appears in the image, approaching from testing the critical resistance at 1.0581, as we mentioned this morning, this resistance represents one of the next trend keys besides 1.0505 support, waiting for breaching one of these levels to detect the next targets clearly.
Therefore, we will remain neutral until getting clearer signal for the next trend, to recognize the details of the expected targets from the breach, please review our morning report.
Expected trading range for today is between 1.0420 support and 1.0640 resistance.
Expected trend for today: Depends on the above mentioned levels
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