Midday update for the EURUSD 04-05-2022
Economies.com
2022-05-04 09:31AM UTC
The EURUSD pair shows weak trades since morning, settling around 1.0500 level, thus, no change to the bearish trend scenario that depends on the price stability below 1.0580, supported by the EMA50, reminding you that our main 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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