Midday update for the EURUSD 10-05-2022

Economies.com
2022-05-10 09:33AM UTC

The EURUSD pair continues to fluctuate around 1.0580 level and still below it, to keep our bearish overview that depends on the price stability below this level, and the EMA50 meets the mentioned resistance to add more strength to it, noting that breaking 1.0545 will ease the mission of heading towards our waited negative target at 1.0450.

 

The expected trading range for today is between 1.0480 support and 1.0640 resistance.

 

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The expected trend for today: Bearish

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