Midday update for the EURUSD 01-12-2020
Economies.com
2020-12-01 10:23AM UTC
The EURUSD pair continues to provide the positive trades to approach our first waited target at 1.2011, waiting for more rise to surpass this level and open the way to rally towards 1.2150 that represents our next main station.
In general, the positive scenario will remain valid and active for the rest of the day supported by stochastic and the EMA50 positivity, unless breaking 1.1920 level and holding below it.
The expected trading range for today is between 1.1900 support and 1.2050 resistance.
The expected trend for today: Bullish
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