Midday update for the EURUSD 09-06-2021
Economies.com
2021-06-09 11:11AM UTC
The EURUSD pair fluctuates with slight positivity to gradually approach 1.2205 resistance, which represents one of the next trend keys besides 1.2175 support, as we mentioned this morning that the price needs to surpass one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.
Note that breaching the resistance will lead the price to achieve new gains that reach 1.2300, while breaking the support will form negative pressure to push the price to 1.2064 direct.
The expected trading range for today is between 1.2100 support and 1.2260 resistance.
The expected trend for today: Neutral
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