Midday update for EURUSD 20-07-2017

Economies.com
2017-07-20 09:53AM UTC

The EURUSD pair returns to resume its negative trading and test 1.1500 barrier, while the EMA50 keeps supporting the price from below, while stochastic still positive.

 

Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 1.1418 followed by 1.1370 levels and holding below them, waiting to head towards 1.1715 that represents our next main target.

 

Expected trading range for today is between 1.1450 support and 1.1650 resistance.

 

Expected trend for today: Bullish

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