Midday update for EURUSD 29-06-2017
Economies.com
2017-06-29 10:43AM UTC
The EURUSD pair attempts to breach 1.1418 level now, which supports the continuation of our bullish trend expectations in the upcoming period, waiting for confirming the breach to rally to our main targets at 1.1565 then 1.1615.
Therefore, the positive scenario will remain preferred for today supported by the EMA50, reminding you that holding above 1.1282 represents the first protection factor for the continuation of the positive expectations, where breaking this level will push the price to test 1.1180 levels before any new attempt to rise.
Expected trading range for today is between 1.1360 support and 1.1565 resistance.
Expected trend for today: Bullish
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