Midday update for the EURUSD 01-11-2021

Economies.com
2021-11-01 10:45AM UTC

The EURUSD pair shows some slight bullish bias affected by stochastic positivity, but as long as the price is below 1.1615, the negative scenario will remain valid for today, supported by moving below the EMA50, reminding you that our targets begin by breaking 1.1525 to confirm extending the bearish wave towards 1.1400.

 

The expected trading range for today is between 1.1460 support and 1.1615 resistance.

 

The expected trend for today: Bearish

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