Midday update for EURUSD 13-01-2017
Economies.com
2017-01-13 11:31AM UTC
The EURUSD pair bounces higher after this morning decline, where stochastic begins to provide positive signals on the four hours time frame, besides the continuous support that comes from the EMA50, which supports the continuation of the bullish wave for the rest of the day.
Therefore, we keep waiting for more upside moves in the upcoming sessions, and the main target located at 1.0731, reminding you that holding above 1.0581 and 1.0519 levels important for the continuation of the suggested bullish wave.
Expected trading range for today is between 1.0519 support and 1.0731 resistance.
Expected trend for today: Bullish
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