Midday update for EUR USD 22/05/2015
Economies.com
2015-05-22 10:55AM UTC
The EURUSD pair trades with clear positivity since morning supported by the positive overlapping signal offered by stochastic now, reinforcing the expectations to continue the bullish trend for the rest of the day, waiting to surpass the EMA50 to ease the mission of heading towards our main targets that start at 1.1420.
Therefore, we will keep our positive overview as long as the price is above 1.1050.
Expected trading range for today is between 1.1050 support and 1.1250 resistance.
Expected trend for today: Bullish
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