Midday update for EURUSD 24-11-2017

Economies.com
2017-11-24 10:29AM UTC

The EURUSD pair begins the breaching process to 1.1855 level and attempts to build support base above it, which supports the continuation of our bullish overview efficiently in the upcoming sessions, paving the way to head towards our first main target at 1.2100, noting that the EMA50 keeps supporting the price from below.

 

Therefore, we are waiting for more rise for the rest of the day conditioned by holding above 1.1775 and the most important above 1.1679.

 

Expected trading range for today is between 1.1765 support and 1.1950 resistance.

 

Expected trend for today: Bullish

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