Midday update for EURUSD 13-06-2017
Economies.com
2017-06-13 10:06AM UTC
The EURUSD pair provided positive trading now and returns to attempt to surpass the EMA50, supported by the positive overlapping signal that comes from stochastic on the four hours’ time frame, which supports the continuation of our bullish trend expectations for today, targeting visiting 1.1365 level as a first main station.
Therefore, the bullish bias will be preferred in the upcoming sessions conditioned by holding above 1.1123 level, reminding you that breaking this level will push the price to decline to 1.0973 before any new attempt to rise.
Expected trading range for today is between 1.1123 support and 1.1320 resistance.
Expected trend for today: Bullish
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