Midday update for the EURUSD 06-12-2021

Economies.com
2021-12-06 10:11AM UTC

The EURUSD pair shows weak trades since morning, settling below the EMA50 that forms negative pressure against the price, to keep our bearish overview that depends on the price stability below 1.1375, reminding you that we are waiting to visit 1.1145 as a next main target.

 

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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