Midday update for the EURUSD 21-10-2021

Economies.com
2021-10-21 09:55AM UTC

The EURUSD pair faces solid resistance at 1.1670, to rebound bearishly again and head towards potential test to 1.1615 level, affected by stochastic negativity, and as long as the price is above the last level, our bullish overview will remain valid for today supported by the EMA50, reminding you that our next main target extends to 1.1760.

 

The expected trading range for today is between 1.1600 support and 1.1750 resistance.

 

The expected trend for today: Bullish

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