Midday update for the EURUSD 03-04-2020
Economies.com
2020-04-03 10:41AM UTC
The EURUSD pair managed to break 1.0840 level and closed the last four hours’ candlestick below it, which supports the continuation of our bearish overview efficiently in the upcoming sessions, waiting to target 1.0700 followed by 1.0640 levels as next main stations, noting that holding below 1.0840 represents initial condition to continue the expected decline.
On the other hand, we remind you that it is important to be careful in the upcoming trades, especially at the time of releasing the US economic data.
The expected trading range for today is between 1.0640 support and 1.0966 resistance.
The expected trend for today: Bearish
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