Midday update for the EURUSD 03-06-2022

Economies.com
2022-06-03 09:10AM UTC

The EURUSD pair didn’t show any strong move since morning, to continue fluctuating near 1.0770 level, keeping its stability below it, to keep the bearish trend scenario active for today, reminding you that our main waited target is located at 1.0670.

 

Note that the markets might witness high volatility at the time of releasing the US data today, which urges caution from the upcoming trading.

 

The expected trading range for today is between 1.0660 support and 1.0820 resistance.

 

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The expected trend for today: Bearish

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