Midday update for EURUSD 29-08-2018
Economies.com
2018-08-29 10:10AM UTC
The EURUSD pair shows weak trading since morning and still below 1.1705, waiting to get strong enough positive momentum to resume the bullish trend, which requires breaching the mentioned level to open the way to rally towards our next main target that reaches 1.1975.
Therefore, the bullish trend scenario will remain valid unless breaking 1.1554 level and holding below it.
Expected trading range for today is between 1.1600 support and 1.1800 resistance.
Expected trend for today: Bullish
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