Midday update for the EURUSD 16-04-2019

Economies.com
2019-04-16 09:45AM UTC

The EURUSD pair continues to fluctuate around the EMA50 and keeps its stability above 1.1235 level, thus, no change to the bullish trend scenario that depends on the price stability above the mentioned level and above 1.1180, noting that we are waiting to target 1.1350 followed by 1.1443 levels as next main stations.

 

The expected trading range for today is between 1.1220 support and 1.1400 resistance.

 

The expected trend for today: Bullish temporarily

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