Midday update for EUR USD 27/03/2015

Economies.com
2015-03-27 10:56AM UTC

 

 

The EURUSD pair trades negatively since morning to break the EMA50, reinforcing the expectations of the bearish trend continuation for today, which depends mainly on the stability below the bearish channel’s resistance and below 1.1025 level, waiting for targeting levels that begin at 1.0600 and go further towards 1.0200.

 

Expected trading range for today is between: 1.0720 support and 1.1025 resistance.

 

Expected trend for today: Bearish

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