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Midday update for the EURUSD 01-03-2024
The EURUSD pair fluctuates around the EMA50 since morning, and didn’t show any strong move since morning, waiting to get negative motive that assist to push the price to resume the expected bearish trend for today, which targets 1.0765 initially, reminding you that breaking it will push the price towards 1.0645 direct.
Therefore, we will keep our bearish overview for today conditioned by the price stability below 1.0860 and 1.0890 levels.
The expected trading range for today is between 1.0730 support and 1.0900 resistance.
The expected trend for today: Bearish
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