Midday update for the EURUSD 06-07-2020

2020-07-06 09:34:16 GMT (Economies.com)
 

The EURUSD pair settles above 1.1270 level, but as we mentioned this morning, the price needs to hold with a daily close above this level to confirm the activation of the bullish trend scenario in the upcoming sessions, which keeps the sideways scenario valid until now, especially that stochastic provides negative signals that might press on the price to decline again.

 

To review the details of the key levels and the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 1.1200 support and 1.1370 resistance.

 

The expected trend for today: Sideways

 
 
 
  Symbol Last Change Chg.%
1.1748
0.0077
0.6598%
1.2888
0.0019
0.1515%
Tadawul
8295.05
-23.00
0.28%
23.827
0.471
2.017%
38.571
-1.719
4.267%
40.75
-1.55
3.66%
1906.045
33.350
1.781%
 
 
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