Midday update for the EURUSD 08-06-2020
Economies.com
2020-06-08 10:05AM UTC
The EURUSD pair shows positive trades in attempt to move away from 1.1295 level, supported by the positive overlapping signal provided now by stochastic, waiting for more rise in the upcoming sessions to head towards 1.1418 that represents our next main station.
On the other hand, note that breaking 1.1295 and holding below it will stop the positive scenario and leads the price to turn to decline and visit 1.1170 areas initially.
The expected trading range for today is between 1.1220 support and 1.1390 resistance.
The expected trend for today: Bullish
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