Midday update for EURUSD 06-02-2019

Economies.com
2019-02-06 10:31AM UTC

The EURUSD pair approached the key support 1.1370 this morning and returns to fluctuate around the EMA50, to remain stuck between the mentioned support and 1.1443 resistance, which keeps our neutrality valid until now, reminding you that breaching the mentioned levels will determine the next destination clearly, noting that the details of the expected targets after the breach are explained in our morning report.

 

The expected trading range for today is between 1.1300 support and 1.1500 resistance.

 

The expected trend for today: Neutral

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