Midday update for EURUSD 12-10-2018
Economies.com
2018-10-12 10:13AM UTC
The EURUSD pair fluctuates around the EMA50 since morning in attempt to breach it, to keep the bullish trend scenario valid for the rest of the day as long as 1.1525 level remains intact, which targets visiting 1.1705 level as a next main station, noting that breaching the targeted level will extend the bullish wave on the short term basis to reach 1.1800 as a next target.
Expected trading range for today is between 1.1525 support and 1.1705 resistance.
Expected trend for today: Bullish
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