Midday update for EURUSD 24-10-2017
Economies.com
2017-10-24 10:18AM UTC
The tight range dominates the EURUSD pair's trading since morning, while stochastic reaches the overbought areas' thresholds, to support the chances of resuming the bearish bias for the rest of the day, waiting to test 1.1679 level mainly.
The EMA50 supports the suggested decline, which it continuation conditions holding below 1.1850.
Expected trading range for today is between 1.1660 support and 1.1850 resistance.
Expected trend for today: Bearish
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