Midday update for EURUSD 16-04-2018

Economies.com
2018-04-16 10:04AM UTC

The EURUSD pair trades positively now to approach testing the symmetrical triangle’s resistance at 1.2385, which supports the continuation of our bullish overview in the upcoming sessions, reminding you that breaching this level will open the way to head towards our next station at 1.2536.

 

Therefore, we are waiting for more rise for the rest of the day conditioned by the price stability above 1.2304.

 

Expected trading range for today is between 1.2250 support and 1.2430 resistance.

 

Expected trend for today: Bullish

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