Midday update for the EURUSD 03-03-2021
Economies.com
2021-03-03 10:22AM UTC
The EURUSD pair provides negative trades in attempt to move away from 1.2100 level, to keep the bearish trend scenario valid and active for today, supported by stochastic and the EM50 negativity, waiting to head towards 1.1976 as a next main target, noting that breaching 1.2100 and holding above it will stop the expected decline and leads the price to resume the main bullish trend again.
The expected trading range for today is between 1.2000 support and 1.2150 resistance.
The expected trend for today: Bearish
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