Midday update for the EURUSD 13-03-2019

Economies.com
2019-03-13 12:40PM UTC

The EURUSD pair keeps its stability above 1.1270 level, to keep the bullish trend scenario valid for today, and the price needs to get rid of the negative momentum and gain enough positive momentum to push trades to resume the expected bullish bias, which targets 1.1420 level as a next main station, while breaking 1.1270 represents negative factor that will press on the price to decline again.

 

The expected trading range for today is between 1.1200 support and 1.1380 resistance.

 

The expected trend for today: Bullish

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