Midday update for the EURUSD 17-10-2019

Economies.com
2019-10-17 09:37AM UTC

The EURUSD pair resumes its positive trading as a signal for the price head towards continuing the bullish trend, reinforcing the expectations of achieving more of the gains for the rest of the day, targeting 1.1180 level as a next main station, pointing that the EMA50 keeps supporting the suggested bullish wave, and its continuation conditioned by holding above 1.0980 level.

 

The expected trading range for today is between 1.1000 support and 1.1180 resistance.

 

The expected trend for today: Bullish

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