Midday update for EURUSD 19-05-2017

Economies.com
2017-05-19 10:56AM UTC

The EURUSD pair resumed its positive trading clearly to surpass 1.1123 level and attempts to settle above it, which supports the continuation of our positive expectations efficiently in the upcoming period, easing the way towards 1.3565 as a next main station.

 

Therefore, we will keep the positive scenario valid and active for today unless breaking 1.1100 level and holding below it.

 

Expected trading range for today is between 1.1010 support and 1.1250 resistance.

 

Expected trend for today: Bullish

 

 

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