Midday update for the EURUSD 03-05-2022
Economies.com
2022-05-03 10:29AM UTC
The EURUSD pair didn’t show any strong move since morning, to continue fluctuating near 1.0500 level, and as long as the price is below 1.0580, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our waited target reaches 1.0450.
The expected trading range for today is between 1.0430 support and 1.0580 resistance.
The expected trend for today: Bearish
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