Midday update for EURUSD 30-01-2017
Economies.com
2017-01-30 11:08AM UTC
The EURUSD pair found good resistance at 1.0731 to bounce lower from there, affected by stochastic negativity, to move below the minor bullish channel’s support, as long as the price above 1.0655, so our bullish trend expectations will remain active for today, waiting for heading towards 1.0852 as a next main target.
Reminding you that breaking 1.0655 will stop the positive scenario temporarily that pushes the price towards 1.0581 before any new attempt to rise.
Expected trading range for today is between 1.0655 support and 1.0852 resistance.
Expected trend for today: Bullish
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