Midday update for the EURUSD 17-11-2023

2023-11-17 10:44AM UTC

The EURUSD pair provide negative trades to attempt to move away from 1.0860 level but it returns to fluctuate around it, waiting to get negative motive that assist to push the price to resume the expected bearish trend for the rest of the day, reminding you that we are waiting to visit 1.0760 level mainly.


Note that surpassing the mentioned the mentioned level will extend the bearish wave to reach 1.0645 areas on the near-term basis, while the expected decline will remain valid unless breaching 1.0860 and hold above it.



The expected trading range for today is between 1.0760 support and 1.0920 resistance.


The expected trend for today: Bearish

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