Midday update for EURUSD 11-01-2017
Economies.com
2017-01-11 11:10AM UTC
The EURUSD pair’s trading settles near 1.0519 level keeping its stability above this level until now, and the positive signals that come from stochastic and the EMA5O remain valid, which keeps the bullish trend scenario active for today, unless breaking the mentioned level and holding below it.
Our next main target located at 1.0731, and the price needs to breach 1.0581 level to ease the price mission to rally higher to the suggested target.
Expected trading range for today is between 1.0480 support and 1.0660 resistance.
Expected trend for today: Bullish
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