Midday update for the EURUSD 03-08-2020

Economies.com
2020-08-03 09:40AM UTC

The EURUSD pair shows positive trades and attempts to move away from 1.1737, to keep the bullish trend scenario valid and active for the rest of the day, supported by the EMA50 and stochastic positivity, waiting to target 1.1908 followed by 1.1995 levels as next main stations, taking into consideration that the continuation of the bullish wave requires holding above 1.1737.

 

The expected trading range for today is between 1.1700 support and 1.1880 resistance.

 

The expected trend for today: Bullish

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