Midday update for EURUSD 15-02-2017
Economies.com
2017-02-15 11:59AM UTC
The EURUSD pair resumes its negative trading after retesting the previously broken 1.0581 level, which supports the continuation of our bearish overview efficiently in the upcoming period, which is organized inside the bearish channel that appears on chart, waiting to target 1.0450 followed by 1.0339 levels mainly.
In general, the expected decline will remain valid and active unless breaching 1.0581 followed by 1.0615 levels and holding above them.
Expected trading range for today is between 1.0470 support and 1.0650 resistance.
Expected trend for today: Bearish
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