Midday update for EUR USD 05/03/2015
Economies.com
2015-03-05 12:21PM UTC
The EURUSD pair shows some slight bullish bias after approaching from the psychological barrier at 1.1000, and the price is affected by stochastic current negativity, in general, the bearish trend remains valid for today, as long as the price below 1.1215 and 1.1275, reminding you that breaking 1.1000 level will extend the pair losses to reach 1.0835 levels.
Expected trading range for today is between: 1.0900 support and 1.1155 resistance.
Expected trend for today: Bearish
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