Midday update for EURUSD 17-01-2018
Economies.com
2018-01-17 12:27PM UTC
The EURUSD pair continued to decline this morning to approach testing the key support 1.2195, and as long as the price is above this level, our bullish overview will remain active for today, waiting to breach 1.2300 level to confirm extending the bullish wave towards 1.2565, reminding you that breaking the mentioned support will force the price to achieve more decline and visit 1.2092 areas before any new positive attempt.
Expected trading range for today is between 1.2195 support and 1.2350 resistance.
Expected trend for today: Bullish
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