Midday update for the EURUSD 02-02-2023

Economies.com
4 months ago

The EURUSD pair faces solid resistance at 1.1030, to show some bearish bias now, which urges caution from the upcoming trading, as continuing the decline and breaking 1.0940 will push the price to achieve more bearish bias and visit the bullish channel’s support line around 1.0815 before any new attempt to rise.

 

The expected trading range for today is between 1.0950 support and 1.1110 resistance.

 

The expected trend for today: Bullish

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