Midday update for the EURUSD 16-03-2023

Economies.com
2023-03-16 10:12AM UTC

The EURUSD pair traded positively to reach the first waited target at 1.0640, waiting to surpass this level to confirm extending the bullish wave and head towards 1.0745 as a next main target, supported by stochastic that continues the provide the positive signals.

 

Therefore, the bullish trend will remain active for today, reminding you that it is important to hold above 1.0515 to continue the expected rise.

 

The expected trading range for today is between 1.0515 support and 1.0680 resistance.

 

The expected trend for today: Bullish

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