Midday update for the EURUSD 05-11-2021

Economies.com
2021-11-05 10:42AM UTC

The EURUSD pair fluctuates near 1.1525 level, waiting to confirm the break to rally towards 1.1400 as a next negative station, reminding you that it is important to hold below 1.1615 to continue the expected decline.

 

Note that it is important be caution from the upcoming trades, as markets might witness mixed trades at the time of releasing the US economic data.

 

The expected trading range for today is between 1.1460 support and 1.1615 resistance.

 

The expected trend for today: Bearish

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