Midday update for the EURUSD 03-02-2023

Economies.com
2023-02-06 03:55AM UTC

The EURUSD pair didn’t show any strong move since morning, as the markets are waiting for the US employment and payrolls’ data, thus, no change to the intraday bearish trend scenario that targets 1.0830 level mainly, reminding you that breaking it will push the price to 1.0745 as a next negative station, while the expected decline will remain valid unless breaching 1.0940 and holding above it.

 

The expected trading range for today is between 1.0800 support and 1.0980 resistance.

 

The expected trend for today: Bearish

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