Midday update for EURUSD 14-12-2016

Economies.com
2016-12-14 11:25AM UTC

The EURUSD pair did not show any strong move since morning, to continue moving around the EMA50, thus, no change on the sideways move scenario that confines trading between 1.0519 support and 1.0685 resistance, waiting to breach one of these levels to detect the next destination clearly.

 

For more details about the expected targets after the breach, please review our morning report.

 

Expected trading range for today is between 1.0519 support and 1.0750 resistance.

 

Expected trend for today: Sideways

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