Midday update for the EURUSD 10-12-2021

Economies.com
2021-12-10 10:55AM UTC

The EURUSD pair shows slight negative trades to move away from the EMA50, reinforcing the expectations of continuing the bearish trend for the rest of the day, reminding you that our targets begin by breaking 1.1240 to confirm rallying towards 1.1145 as a next main target, while holding below 1.1375 represents key condition to achieve the suggested targets.

 

The expected trading range for today is between 1.1200 support and 1.1360 resistance.

 

The expected trend for today: Overall bearish

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