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Midday update for the EURUSD 23-02-2023
The EURUSD pair fluctuates within tight track since morning, keeping its stability below 1.0650 level, to keep the negative scenario active for today, supported by the EMA50, waiting to resume the bearish bias to visit 1.0515 level that represents our main target, reminding you that the continuation of the bearish bias depends on the price stability below 1.0745, as breaching it will lead the price to turn to rise and start recovery attempts on the intraday basis.
The expected trading range for today is between 1.0530 support and 1.0690 resistance.
The expected trend for today: Bearish
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