Midday update for EURUSD 25-09-2017

Economies.com
2017-09-25 09:42AM UTC

The EURUSD pair pushes negatively on the key support 1.1915 and moves below it, while the bullish trend line continues to form solid support against the negative attempts, while stochastic keeps providing the positive signals on the four hours' time frame.

 

Therefore, we will continue to suggest the bullish trend in the upcoming sessions unless the price confirmed breaking 1.1915 level by closing the daily candlestick below it, waiting to rally to breach 1.1973 level and open the way to head towards 1.2100 that represents our next main target.

 

Expected trading range for today is between 1.1865 support and 1.2069 resistance.

 

Expected trend for today: Bullish

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