Midday update for EURUSD 31-08-2018
Economies.com
2018-08-31 10:28AM UTC
The EURUSD pair returns to attempt to breach 1.1705 level again, leaning on the EMA50, to keep the bullish trend scenario valid for the upcoming period as long as 1.1554 level remains intact, noting that stochastic negativity interprets the reasons of the recent sideways fluctuation, while our next main target is located at 1.1975.
Expected trading range for today is between 1.1580 support and 1.1770 resistance.
Expected trend for today: Bullish
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