Midday update for the EURUSD 13-03-2023
Economies.com
2023-03-13 10:37AM UTC
The EURUSD pair reached few pips away from our waited positive target at 1.0745, showing some bearish bias affected by stochastic negativity, waiting to get positive momentum that assists to push the price to resume the bullish wave that its targets extend to 1.0800 followed by 1.0925 after surpassing the previous level.
The EMA50 supports the suggested positive scenario, which will remain valid unless breaking 1.0645 and holding below it.
The expected trading range for today is between 1.0610 support and 1.0780 resistance.
The expected trend for today: Bullish
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