Midday update for EURUSD 26-07-2017
Economies.com
2017-07-26 10:04AM UTC
The EURUSD pair shows negative trades now to approach from the EMA50, which keeps providing the positive support to protect the recently suggested bullish trend scenario.
In general, the bullish trend scenario still valid for today unless breaking 1.1575 level and holding below it, as the price is organized inside the bullish channel that appears on chart, supported by stochastic positivity that appears on the four hours' time frame, reminding you that our next main target is located at 1.1760.
Expected trading range for today is between 1.1575 support and 1.1760 resistance.
Expected trend for today: Bullish
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