Midday update for EURUSD 25-05-2017
Economies.com
2017-05-25 10:51AM UTC
The EURUSD pair fluctuates within tight track since morning keeping its stability above 1.1200 level, therefore, no change on the bullish trend scenario that depends on the stability above 1.1123, targeting testing 1.1365 level as a next main station, noting that stochastic negativity interprets the reasons of the current sideways fluctuation, waiting to get enough positive momentum to push the price to resume the suggested bullish trend.
Expected trading range for today is between 1.1123 support and 1.1365 resistance.
Expected trend for today: Bullish
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