Midday update for the EURUSD 15-01-2021
Economies.com
2021-01-15 10:43AM UTC
The EURUSD pair resumes its negative trading to move away from 1.2173 level, which supports the continuation of our bearish overview for the rest of the day, which gets continuous support by the EMA50, waiting to visit 1.2064 as a next target, which breaking it represents the key to rally towards 1.1975 as a next correctional station, reminding you that it is important to hold below 1.2173 and 1.2220 levels to continue the expected decline.
The expected trading range for today is between 1.2050 support and 1.2220 resistance.
The expected trend for today: Bearish
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