Midday update for EURUSD 01-12-2016
Economies.com
2016-12-01 11:28AM UTC
The EURUSD pair shows slight positive attempts since morning to test the EMA50, while the price remains confined between the critical levels that represented by 1.0519 support and 1.0685 resistance, waiting for breaching one of them to detect the next trend clearly.
Therefore, our neutral attitude will remain valid until now until getting clearer signal for the next trend, to recognize the details of the expected targets from the breach, please review our morning report.
Expected trading range for today is between 1.0500 support and 1.0700 resistance.
Expected trend for today: Depends on the above mentioned levels
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