Midday update for EURUSD 27-04-2017
Economies.com
2017-04-27 11:43AM UTC
The EURUSD pair keeps its stability above 1.0852 level, which keeps the bullish trend scenario active until now, supported by the EMA50 that keeps carrying the price from below, while stochastic continues to provide positive signals on the four hours' time frame, waiting to resume the bullish bias in the upcoming sessions.
We remind you that our main targets begin by breaching 1.0973 to open the way to head towards 1.1123 as a next main station, reminding you that holding above 1.0852 represents the most important condition to continue the expected rise for today.
Expected trading range for today is between 1.0852 support and 1.1050 resistance.
Expected trend for today: Bullish
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