Midday update for EURUSD 22-06-2018

Economies.com
2018-06-22 10:57AM UTC

The EURUSD pair provides clear positive trading, on its way to test 1.1705 level, affected by stochastic positivity, while the bearish trend scenario still valid unless breaching the mentioned level, supported by the negative pressure formed by the EMA50, reminding you that breaking 1.1553 is required to push the price towards 1.1443 that represents our first target.

 

Expected trading range for today is between 1.1500 support and 1.1700 resistance.

 

Expected trend for today: Bearish

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