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Midday update for the EURUSD 12-05-2021
The EURUSD pair faced additional negative pressure to attack 1.2135 level, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the positive scenario active for today, which its targets begin by surpassing 1.2170 to confirm rallying towards 1.2300 as a next main station.
The expected trading range for today is between 1.2064 support and 1.2230 resistance.
The expected trend for today: Bullish
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