EURUSD within tight range – Analysis - 14-06-2017
Economies.com
2017-06-14 01:34AM UTC
The EURUSD pair did not show any strong move yesterday as in the past days, to continue fluctuating around 1.1200 level, and as long as the price is above 1.1123 level, our bullish overview will remain active for the upcoming period, supported by stochastic heading upwards on the four hours' time frame.
Our next target is located at 1.1365, and breaching it will lead the price to extend its gains to head towards 1.1615 on the short term basis, while breaking 1.1123 represents negative factor that will push the price to test 1.0973 areas before any new 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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