Midday update for EURUSD 13-03-2017
Economies.com
2017-03-13 11:30AM UTC
The EURUSD pair shows some of the bearish bias since morning affected by stochastic negativity, which attempts to surpass its negativity gradually in attempt to gain positive momentum that assists to push the price to rise again.
In general, we keep preferring the bullish trend in the upcoming period unless breaking 1.0581 level and holding below it, reminding you that we are waiting for breaching 1.0731 level to confirm opening the way towards our next main target at 1.0852.
Expected trading range for today is between 1.0600 support and 1.0800 resistance.
Expected trend for today: Bullish
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