EURUSD needs strong motive – Analysis - 13-06-2017

Economies.com
2017-06-13 01:08AM UTC

The EURUSD pair keeps fluctuating near 1.1200 level, and stochastic returns to gather the positive momentum on the intraday time frame in attempt to push the price to resume the main bullish trend, and we still waiting for testing 1.1365 level initially.

 

In general, the bullish trend scenario will remain active unless breaking 1.1123 level and holding below it, reminding you that breaching the targeted level will extend the gains to reach 1.1615 as a next main station.

 

Expected trading range for today is between 1.1123 support and 1.1320 resistance.

 

Expected trend for today: Bullish

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