Midday update for EURUSD 21-12-2016
Economies.com
2016-12-21 12:01PM UTC
The EURUSD pair shows slight negative trading to move below 1.0400 level now, while stochastic begins to overlaps negatively on the four hours time frame, which supports the continuation of our bearish trend expectations efficiently for today, and its main targets begin at 1.0326 and extend to 1.0240 after breaking the previous level, reminding you that the continuation of the bearish trend depends on the stability below 1.0519 level.
Expected trading range for today is between 1.0300 support and 1.0500 resistance.
Expected trend for today: Bearish
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