Midday update for the EURUSD 23-01-2023

The EURUSD pair shows more bullish bias to touch our waited target at 1.0915 and attempts to breach it, waiting for more expected rise for the rest of the day, which targets 1.1030 as a next main station, noting that the EMA50 supports the suggested rise, which will remain valid conditioned by the price stability above 1.0830.

The expected trading range for today is between 1.0830 support and 1.0990 resistance.

The expected trend for today: Bullish