Midday update for EURUSD 07-12-2017

Economies.com
2017-12-07 10:31AM UTC

The EURUSD pair keeps its stability below 1.1808 level, to keep the negative pressure valid for today, waiting to resume the bearish bias that targets testing 1.1679 level mainly.

 

In general, the bearish trend will remain suggested for the rest of the day unless the price managed to breach 1.1808 followed by 1.1855 levels and hold above them.

 

Expected trading range for today is between 1.1700 support and 1.1870 resistance.

 

Expected trend for today: Bearish

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