Midday update for EURUSD 07-09-2018

Economies.com
2018-09-07 10:34AM UTC

The EURUSD pair did not show any strong move since morning, to continue fluctuating around the EMA50, as the markets waiting for the US unemployment and NFP data, which might cause mixed and high volatility trades that urge caution.

 

Until now, we will keep our bullish overview unless breaking 1.1554 level and holding below it, reminding you that our waited targets begin at 1.1705 and extend to go further towards 1.1975.

 

Expected trading range for today is between 1.1550 support and 1.1720 resistance.

 

Expected trend for today: Bullish

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