Midday update for the EURUSD 14-08-2020

Economies.com
2020-08-14 09:24AM UTC

The EURUSD pair shows sideways trading since morning and still above the EMA50, while stochastic approaches providing positive overlapping signal now, waiting to assist to push the price to rise again and head towards our new positive target that reaches 1.1908.

 

Therefore, we will continue to suggest the bullish trend for today unless breaking 1.1737 level and holding below it.

 

The expected trading range for today is between 1.1737 support and 1.1908 resistance.

 

The expected trend for today: Bullish

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