End of day analysis for EURUSD 16-06-2017
Economies.com
2017-06-16 19:15PM UTC
The EURUSD pair ended today's trading with clear positivity to settle around the rising wedge support line mentioned in our recent reports, noticing that the EMA50 forms negative pressure against the intraday trading, while stochastic loses its positive momentum clearly.
Therefore, the chances will remain valid to resume the correctional bearish bias unless the price rallied to settle above 1.1200 level, reminding you that our main waited target is located at 1.1060.
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