EURUSD continues to fluctuate – Analysis - 07-09-2018
Economies.com
2018-09-07 03:37AM UTC
The EURUSD pair shows more sideways trading around the EMA50, and as long as the price is above 1.1554, our bullish overview will remain active, waiting to breach 1.1705 level to confirm extending the pair’s gains to reach 1.1975 on the near term basis.
Stochastic provides positive signal that reinforces the expectations to rise, reminding you that breaking 1.1554 will push the price to test 1.1443 level initially before detecting its next destination clearly.
Expected trading range for today is between 1.1550 support and 1.1720 resistance.
Expected trend for today: Bullish
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