Midday update for the EURUSD 22-10-2019

Economies.com
2019-10-22 09:23AM UTC

The EURUSD pair shows slight bearish bias now, but the price is above 1.1060 level, so the bullish trend scenario will remain valid and active in the upcoming period, supported by the EMA50, reminding you that we are waiting for breaching 1.1180 level to open the way towards 1.1280 that represents our next main target.

 

The expected trading range for today is between 1.1060 support and 1.1250 resistance.

 

The expected trend for today: Bullish

 

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