Midday update for the EURUSD 02-11-2021
Economies.com
2021-11-02 11:15AM UTC
The EURUSD pair shows calm negative trades in attempt to move away from 1.1615 level, to support the continuation of the expected bearish trend for the upcoming period, motivated by stochastic and the EMA50 negativity, waiting for more decline that targets 1.1525 level as a first main station, reminding you that it is important to hold below 1.1615 to continue the expected decline.
The expected trading range for today is between 1.1520 support and 1.1650 resistance.
The expected trend for today: Bearish
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