Midday update for EURUSD 06-01-2017
Economies.com
2017-01-06 12:04PM UTC
The EURUSD pair fluctuates within narrow range since morning keeping its stability above 1.0581 level, which represents the first protection factor for the bullish trend scenario continuation that we mentioned in our morning report, therefore, we wait for getting enough positive motive to push the price to resume the rise that its next main target located at 1.0731, reminding you that holding above 1.0581 and 1.0519 levels conditioned for the continuation of the suggested bullish wave.
Expected trading range for today is between 1.0500 support and 1.0730 resistance.
Expected trend for today: Bullish
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