Midday update for the EURUSD 09-09-2021
Economies.com
2021-09-09 09:19AM UTC
The EURUSD pair tests the EMA50 that forms intraday resistance against the price at 1.1830, representing the first protection factor to the continuation of the expected negative scenario for today, which its first main target located at 1.1780, which breaking it represents the key to rally towards 1.1700, noting that breaching 1.1830 will push the price to test 1.1888 before determining the next destination clearly.
The expected trading range for today is between 1.1740 support and 1.1890 resistance.
The expected trend for today: Bearish
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