Midday update for EURUSD 21-07-2017

Economies.com
2017-07-21 10:35AM UTC

The EURUSD pair provided positive attempts this morning to approach from 1.1700 barrier, which supports the continuation of our bullish overview efficiently for the upcoming period, and the way is open to visit our main waited target at 1.1725, being aware that it is important to monitor the price behavior when reaching this level, due to its importance to detect the next destination on the short term basis.

 

The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 1.1485 and 1.1418 levels.

 

Expected trading range for today is between 1.1550 support and 1.1725 resistance.

 

Expected trend for today: Bullish

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