Midday update for the EURUSD 22-07-2019

Economies.com
2019-07-22 09:19AM UTC

The EURUSD pair did not show any strong move since morning, to fluctuate near 1.1180, and stochastic shows positive signals that might push the price to test 1.1290 in the upcoming sessions, to keep the price confined between these levels that represent the next trend keys.

 

Therefore, the sideways track will remain suggested on the intraday basis until the price manages to breach one of the above mentioned levels followed by heading towards the morning mentioned targets.

 

The expected trading range for today is between 1.1130 support and 1.1300 resistance.

 

The expected trend for today: Sideways

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