Midday update for the EURUSD 13-01-2021
Economies.com
2021-01-13 10:06AM UTC
The EURUSD pair shows bearish bias now to approach testing the key support 1.2173, affected by stochastic negativity, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend active for today, as breaking it will press on the price to return to the correctional bearish track again, while our next positive targets located at 1.2300 and 1.2350.
The expected trading range for today is between 1.2150 support and 1.2300 resistance.
The expected trend for today: Bullish
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