Midday update for the EURUSD 02-06-2022

Economies.com
2022-06-02 09:36AM UTC

The EURUSD pair trades with strong positivity to breach 1.0670 and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the morning suggested negative scenario and lead the price to resume the bullish track again, while the price needs to trade below 1.0670 again to head towards our main negative target at 1.0550.

 

The expected trading range for today is between 1.0550 support and 1.0730 resistance.

 

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The expected trend for today: Bearish

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