Midday update for EURUSD 21-03-2018
Economies.com
2018-03-21 10:26AM UTC
The EURUSD pair approach from testing 1.2304 level affected by stochastic positivity, pointing that the EMA50 meets this level strengthen it, to keep the bearish trend scenario valid for today, conditioned by holding below the mentioned level.
Our next target at 1.2160, while breaching 1.2304 then 1.2380 will stop the expected decline and turns the price to the main bullish trend.
Expected trading range for today is between 1.2160 support and 1.2340 resistance.
Expected trend for today: Bearish
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