Midday update for EURUSD 29-07-2016
Economies.com
2016-07-29 11:24AM UTC
The EURUSD pair resumes its positive trading after leaning on the key support 1.1067 this morning, supported by stochastic positivity that appears clearly on the four hours' time frame, which supports the continuation of our bullish overview efficiently for the upcoming period, and the way is open to visit 1.1196 level as a first main target.
The EMA5o supports the suggested bullish wave, which its continuation conditions holding above 1.1067 level.
Expected trading range for today is between 1.1000 support and 1.1196 resistance.
Expected trend for today: Bullish
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