Midday update for EURUSD 24-07-2017
Economies.com
2017-07-24 10:35AM UTC
The EURUSD pair shows some slight bearish bias since morning to settle around 1.1650 level, while stochastic attempts to get rid of its negativity to gain the positive momentum on the intraday time frames and assist to push the price to continue the main bullish trend.
In general, we will continue to suggest the bullish trend for today unless breaking 1.1535 level and holding below it, reminding you that our next main target is located at 1.1740, while the price gets continuous positive support by the EMA50.
Expected trading range for today is between 1.1600 support and 1.1800 resistance.
Expected trend for today: Bullish
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