Midday update for EURUSD 28-07-2017

Economies.com
2017-07-28 11:17AM UTC

The EURUSD pair provides calm positive trading that hints resuming the main bullish trend, supported by the positive overlapping signal provided by stochastic now, to keep the bullish trend scenario valid for today, reminding you that we need to breach 1.1780 level to confirm extending the bullish wave towards 1.1870.

 

Holding above 1.1610 is important to continue the expected rise, reminding you that breaking it will push the price to continue the intraday decline and target 1.1418 areas before any new positive attempt.

 

Expected trading range for today is between 1.1610 support and 1.1800 resistance.

 

Expected trend for today: Bullish

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