Midday update for the EURUSD 14-09-2023
Economies.com
1 week ago
The EURUSD pair shows some bearish bias now, waiting for more decline to achieve our main expected target at 1.0635, supported by the negative pressure formed by the EMA50.
Breaking 1.0720 will reinforce the expectations of continuing the bearish trend in the upcoming sessions, while holding below 1.0785 represents major condition to achieve the suggested targets.
The expected trading range for today is between 1.0650 support and 1.0800 resistance.
The expected trend for today: Bearish
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