Midday update for the EURUSD 23-12-2021
Economies.com
2021-12-23 10:23AM UTC
The EURUSD pair shows some bearish bias to head towards potential test to the key support 1.1280, which represents one of the next trend keys besides 1.1375 resistance, as the price needs to breach one of these levels to detect its next destination clearly.
Therefore, we will continue with our neutrality until now, noting that the details of the expected targets after breaching the mentioned levels are explained in our morning report.
The expected trading range for today is between 1.1250 support and 1.1420 resistance.
The expected trend for today: Depends on the above mentioned levels
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