Midday update for EURUSD 23-02-2018
Economies.com
2018-02-23 11:39AM UTC
The EURUSD pair hovers around 1.2304 level since morning, and as long as the price is below 1.2330 and 1.2355 levels, the bearish trend scenario will remain active for the upcoming period, supported by the negative pressure formed by the EMA50, besides the negative signal provided by stochastic, reminding you that our next main target is located at 1.2160.
Expected trading range for today is between 1.2200 support and 1.2380 resistance.
Expected trend for today: Bearish
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