Midday update for EURUSD 20-03-2017

Economies.com
2017-03-20 11:23AM UTC

The EURUSD pair shows sideways trading since morning keeping its stability above 1.0731 level, as long as the price above this level, so the bullish trend scenario will remain active for today, where breaking this level will push the price to 1.0581 before any new attempt to rise.

 

The EMA50 continues to support the suggested bullish wave, which its next main target at 1.0852.

 

Expected trading range for today is between 1.0700 support and 1.0900 resistance.

 

Expected trend for today: Bullish

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