Midday update for EURUSD 23-06-2017

Economies.com
2017-06-23 10:37AM UTC

The EURUSD pair shows positive trading since morning to test the EMA50, which requires being aware from the upcoming trading, pointing that the bearish bias remains preferred for today unless breaching 1.1230 level and holding above it, pointing that breaching this level will turn the price to resume the main bullish trend that its targets begin at 1.4105 and extend to 1.1615.

 

Expected trading range for today is between 1.1060 support and 1.1230 resistance.

 

Expected trend for today: Bearish

 

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