Midday update for EURUSD 26-10-2017

The EURUSD pair finds difficulty to surpass 1.1830 level to show some slight bearish bias now, affected by stochastic negativity that appears on the four hours' time frame, which might push the price to test the key support 1.1780.

As we mentioned this morning, the price needs to breach one of the next trend keys represented b 1.1780 support and 1.1850 resistance to detect its next targets clearly, which makes us continue with our neutrality until now, especially that we are waiting for the ECB rate decision, and to review the expected targets after the breach, please check our morning report.

Expected trading range for today is between 1.1700 support and 1.1930 resistance.

Expected trend for today: Depends on the above mentioned levels