Midday update for EURUSD 01-06-2017
Economies.com
2017-06-01 09:32AM UTC
The EURUSD pair shows some slight bearish bias to approach from 1.1200 level, as the price is affected by stochastic negativity, which might push the price for more negative fluctuation until it managed to gain enough positive momentum to push trading to rise again.
In general, the bullish trend will remain expected for today unless breaking 1.1123 level and holding below it, reminding you that our next main target is located at 1.1365.
Expected trading range for today is between 1.1160 support and 1.1365 resistance.
Expected trend for today: Bullish
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