Midday update for the EURUSD 12-12-2019

Economies.com
2019-12-12 10:41AM UTC

The EURUSD pair shows some slight bearish bias now affected by stochastic negativity, and it might test the key support base 1.1108 before resuming the expected rise for today.

 

Until now, the intraday positive scenario still valid conditioned by the price stability above 1.1108, reminding you that our targets begin at 1.1180 and extend to 1.1280 after surpassing the previous level.

 

The expected trading range for today is between 1.1050 support and 1.1250 resistance.

 

The expected trend for today: Bullish

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