Midday update for EURUSD 21-02-2018
Economies.com
2018-02-21 11:07AM UTC
The EURUSD pair keeps fluctuating near the critical support at 1.2300, as we mentioned this morning, this level represents one of the next trend keys besides 1.2390 resistance, where the price needs to breach one of these levels to detect its next trend clearly, which keeps our neutral attitude valid until now.
To recognize the expected targets from the breach, please review our morning report, pointing that the contradiction between stochastic positivity and the EMA50 negativity remains valid.
Expected trading range for today is between 1.2226 support and 1.2420 resistance.
Expected trend for today: Depends on the above mentioned levels
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