Midday update for EURUSD 15-01-2018
Economies.com
2018-01-15 11:13AM UTC
The EURUSD pair succeeded to touch our waited target at 1.2300 after resuming the bullish rally strongly this morning, reinforcing the expectations of continuing the bullish trend on the short term and medium term basis, reminding you that breaching the mentioned level will push the price towards 1.2565 as a next station.
Therefore, the bullish trend will remain active for the rest of the day conditioned by holding above 1.2185 and the most important above 1.2092.
Expected trading range for today is between 1.2200 support and 1.2450 resistance.
Expected trend for today: Bullish
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