EURUSD recovers – Analysis - 12-01-2017
Economies.com
2017-01-12 05:27AM UTC
The EURUSD pair rallied upwards strongly after attempting to break 1.0519 yesterday, to step above 1.0581 again and settles above it, which keeps our bullish overview valid until now, which depends on the stability of the daily close above 1.0519.
Therefore, we are waiting for more positive trading in the upcoming sessions, which its next target located at 1.0731, noting that the EMA50 continues to support the suggested bullish wave.
Expected trading range for today is between 1.0519 support and 1.0731 resistance.
Expected trend for today: Bullish
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