Midday Update EUR/USD 25-09-2017

in #euro7 years ago (edited)

25-09-eurO.jpg

The EURUSD is pushing the pivotal support 1.1915 and moving below it, while the bullish trend line continues to form strong support for negative attempts, while Stochastic continues to provide positive signals over the 4-hour timeframe.

From here, we continue to favor the bullish trend in the coming sessions unless the price confirms 1.1915 break with stability below daily closing, waiting for a rush to breach 1.1973 and opening the way towards 1.2100 which is our next main target.

The trading range for today is expected among 1.1865 support and 1.2069 resistance

The general trend for today is bullish

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