Midday update for the EURUSD 15-09-2023

1 week ago

The EURUSD pair shows bullish bias now to move away from 1.0635 level, to hint the attempt to recover in the upcoming sessions, which urges caution from the upcoming trading, as continuing the rise and surpassing 1.0685 will push the price to achieve more gains that reach 1.0735 and might extend to 1.0785.


On the other hand, the price needs to get negative motive that assist to resume the bearish wave that its targets begin by breaking 1.0635 to confirm opening the way to head towards 1.0515 as a main negative station.



The expected trading range for today is between 1.0550 support and 1.0700 resistance.


The expected trend for today: Bearish

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