Midday update for the EURUSD 25-01-2023

The EURUSD pair shows some slight bearish bias now, affected by stochastic negativity, and as long as the price is above 1.0840, our bullish overview will remain valid for today, supported by the EMA50 that carries the price from below, reminding you that our next main target reaches 1.1030.

The expected trading range for today is between 1.0820 support and 1.0970 resistance.

The expected trend for today: Bullish