Midday update for the EURUSD 05-01-2022
Economies.com
2022-01-05 10:36AM UTC
The EURUSD pair shows positive trades to approach testing 1.1315 level, which represents the first protection factor to the expected negative scenario on the intraday basis, which its targets begin by breaking 1.1280 to confirm heading towards 1.1150, reminding you that the continuation of the bearish wave requires holding below 1.1315 and the most important below 1.1375.
The expected trading range for today is between 1.1200 support and 1.1360 resistance.
The expected trend for today: Bearish
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