Midday update for the EURUSD 08-10-2021
Economies.com
2021-10-08 10:06AM UTC
The EURUSD pair didn’t show any strong move since morning, waiting the release of the economic data from the USA, which might cause mixed trades at the markets.
Therefore, the negative scenario will remain valid for today conditioned by the price stability below 1.1563, reminding you that our targets begin at 1.1500 and extend to 1.1420 after breaking the previous level.
The expected trading range for today is between 1.1460 support and 1.1620 resistance.
The expected trend for today: Bearish
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