Midday update for the EURUSD 22-10-2021

2021-10-22 08:56AM UTC

The EURUSD pair resumed its positive trades after testing 1.1615 level, to keep the bullish trend scenario active for the upcoming period, motivated by the positive overlapping signal provided by stochastic, waiting to test 1.1670 initially, which breaching it represents the key to rally towards 1.1715 followed by 1.1760 levels, while consolidating above 1.1615 represents key condition to achieve these targets.


The expected trading range for today is between 1.1550 support and 1.1710 resistance.


The expected trend for today: Bullish

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