Midday update for the EURUSD 30-06-2020
Economies.com
2020-06-30 09:28AM UTC
The EURUSD pair shows some bearish bias to head towards potential test to the key support 1.1175, which represents one of the next trend keys besides 1.1270 resistance, as the price still stuck between these levels, waiting to breach one of them to detect its next destination clearly.
The contradiction between stochastic positivity and the EMA50 negativity still valid, noting that the expected targets after the breach explained in our morning report.
The expected trading range for today is between 1.1140 support and 1.1340 resistance.
The expected trend for today: Depends on the above mentioned levels
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