Midday update for the EURUSD 02-11-2020
Economies.com
2020-11-02 10:31AM UTC
The EURUSD pair shows more calm bearish bias, and the bearish trend scenario still valid and active for the upcoming sessions, depending on the price stability below 1.1720 and 1.1755 levels, supported by the negative pressure formed by the EMA50, noting that we are waiting to visit 1.1540 level mainly.
The expected trading range for today is between 1.1540 support and 1.1700 resistance.
The expected trend for today: Bearish
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