EURUSD gets the positive momentum – Analysis - 09-06-2017
Economies.com
2017-06-09 01:00AM UTC
The EURUSD pair traded negatively yesterday to settle near 1.1200 level, noticing that stochastic reaches the thresholds of the oversold levels now, to support the chances for bouncing higher and resuming the main bullish trend, waiting for targeting 1.1365 level initially.
Holding above 1.1123 represents an important condition for the continuation of the expected rise, where breaking it will push the price to test 1.0973 areas before any attempt to rise.
Expected trading range for today is between 1.1123 support and 1.1320 resistance.
Expected trend for today: Bullish
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