Midday update for EURUSD 21-03-2017
Economies.com
2017-03-21 11:13AM UTC
The EURUSD pair resumes its positive trading clearly after leaning on 1.0731 level, to begin testing 1.0800 barrier now, which supports the continuation of our bullish trend expectations efficiently in the upcoming period, and its next target located at 1.0852.
Therefore, we will keep preferring the bullish bias for the rest of the day unless breaking 1.0731 level and holding below it, reminding you that breaching the targeted level will extend the pair’s gains to reach 1.0973 on the near term basis.
Expected trading range for today is between 1.0700 support and 1.0900 resistance.
Expected trend for today: Bullish
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