Midday update for the EURUSD 23-11-2022
Economies.com
2022-11-23 10:40AM UTC
The EURUSD pair shows some bearish bias to retest the previously breached bearish channel’s resistance, affected by stochastic negativity, while the EMA50 provides the positive support to the price, and as long as the price is above 1.0285, our bullish overview will remain valid and active for today, waiting to get positive motive that assists to push the price to head towards 1.0400 as a next main target.
The expected trading range for today is between 1.0260 support and 1.0410 resistance.
The expected trend for today: Bullish
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