Midday update for EURUSD 26-05-2017
Economies.com
2017-05-26 10:54AM UTC
The EURUSD pair shows bullish bias now in attempt to resume the main bullish trend, supported by the positive overlapping signal that comes from stochastic, which keeps the bullish trend scenario valid for the rest of the day, waiting for visiting 1.1365 level mainly.
The EMA50 continues to support the suggested bullish wave, and its continuation conditioned by holding above 1.1123 level.
Expected trading range for today is between 1.1123 support and 1.1320 resistance.
Expected trend for today: Bullish
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