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Midday update for the EURUSD 11-10-2021

2021-10-11 09:42:55 GMT (Economies.com)
Midday update for the EURUSD 11-10-2021
 

The EURUSD pair continues to fluctuate inside the bearish flag pattern, and as long as the price is below 1.1605, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our first main target is located at 1.1500.

 

The expected trading range for today is between 1.1480 support and 1.1620 resistance.

 

The expected trend for today: Bearish

 
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