Midday update for the EURUSD 03-12-2020
Economies.com
2020-12-03 09:58AM UTC
The EURUSD pair reached few pips away from our waited target at 1.2150 and starts rebounding bearishly from there, which might push the price to achieve some bearish correction, but the main bullish trend still valid as long as the price is above 1.2011, supported by the EMA50, waiting to surpass the mentioned target to confirm extending the bullish wave to reach 1.2300 as a next station.
The expected trading range for today is between 1.2050 support and 1.2220 resistance.
The expected trend for today: Bullish
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