Midday update for the EURUSD 02-02-2021
Economies.com
2021-02-02 10:09AM UTC
The EURUSD pair is testing 1.2064 again, waiting to confirm the break to rally towards our next correctional target that reaches 1.1976.
Until now, we continue to suggest the bearish trend as long as 1.2085 level remains intact as a first condition, as breaching this level might push the price to test 1.2173 areas before any new attempt to decline.
The expected trading range for today is between 1.2000 support and 1.2150 resistance.
The expected trend for today: Bearish
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