Midday update for EURUSD 16-10-2018
Economies.com
2018-10-16 09:39AM UTC
The EURUSD pair shows bullish bias since morning to approach the key resistance 1.1615, waiting to breach this level to get positive motive that reinforces the expectations of continuing the bullish trend on the intraday and short term basis, reminding you that our waited targets begin at 1.1705 followed by 1.1800.
Therefore, the bullish trend will remain active for today unless breaking 1.1525 level and holding below it.
Expected trading range for today is between 1.1500 support and 1.1680 resistance.
Expected trend for today: Bullish
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