Midday update for the EURUSD 13-04-2022

Economies.com
1 year ago

The EURUSD pair continues to decline, moving near 1.0800 barrier, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, organized inside the bearish channel that supports the chances of surpassing the waited target at 1.0775 to head towards 1.0700 as a next station, reminding you that the continuation of the bearish wave requires holding below 1.0890 and the most important below 1.0950.

 

The expected trading range for today is between 1.0740 support and 1.0890 resistance.

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The expected trend for today: Bearish

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