Midday update for EURUSD 18-09-2017
Economies.com
2017-09-18 09:51AM UTC
The EURUSD pair tested the key support 1.1915 and kept its stability above it, while stochastic approaches from the oversold areas to form positive motive that we are waiting to assist to push the price to continue rising in the upcoming period.
Therefore, the bullish trend scenario will remain valid for the rest of the day conditioned by holding above 1.1915, noting that breaching 1.1973 will ease the mission of heading towards our main targets that begin at 1.1915 and extend to 1.2300.
Expected trading range for today is between 1.1865 support and 1.2069 resistance.
Expected trend for today: Bullish
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