Midday update for EURUSD
The euro/dollar pair tested 1.0795 and bounced down from there, to keep the bearish trend scenario valid and active for today, supported by the negative pressure formed by the EMA 50, waiting to test 1.0730 as a next stop, breaking which is the key to rushing towards 1.0650 as a next negative target.
In general, we will continue to suggest the bearish direction for today, unless the 1.0795 level is breached and stability above it.
The expected trading range for today is between the
*support 1.0680
*resistance 1.0830
The expected general tendency for today: is bearish
In general, we will continue to suggest the bearish direction for today, unless the 1.0795 level is breached and stability above it.
The expected trading range for today is between the
*support 1.0680
*resistance 1.0830
The expected general tendency for today: is bearish
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