Midday update for the EURUSD 02-03-2021
Economies.com
2021-03-02 10:16AM UTC
The EURUSD pair resumes its negative trades clearly now to approach our waited target at 1.1976, to keep the bearish trend scenario valid and active for the rest of the day, reminding you that breaking the mentioned level will push the price towards 1.1888 as a next negative target, while the expected decline will remain valid unless breaching 1.2064 followed by 1.2100 levels and holding above them.
The expected trading range for today is between 1.1940 support and 1.2080 resistance.
The expected trend for today: Bearish
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