Midday update for the EURUSD 03-08-2022

Economies.com
1 year ago

The EURUSD pair shows positive trades to test 1.0200 level, waiting to breach this level to confirm rallying towards our expected positive targets that start at 1.0278 followed by 1.0355, noting that stochastic supports the expected rise, while the positive scenario will remain valid unless breaking 1.0100 and holding below it.

 

The expected trading range for today is between 1.0120 support and 1.0270 resistance.

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The expected trend for today: Bullish

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