Midday update for the EURUSD 16-01-2020

Economies.com
2020-01-16 10:06AM UTC

The EURUSD pair make new attempts to breach 1.1150 level, and we might witness more of the upside moves to test 1.1180 level in the upcoming sessions.

 

until now, the bearish trend scenario remains active unless the price rallied to breach the last level and holding above it, reminding you that our main waited target at 1.1065.

 

The expected trading range for today is between 1.1060 support and 1.1200 resistance.

 

The expected trend for today: Bearish

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