Midday update for the EURUSD 26-02-2021

Economies.com
2021-02-26 11:25AM UTC

The EURUSD pair managed to break 1.2135 to reinforce the expectations of continuing the bearish trend for the rest of the day, opening the way to head towards 1.2064 that represents our next main target, reminding you that the continuation of the suggested bearish wave depends on the price stability below 1.2173.

 

The expected trading range for today is between 1.2064 support and 1.2240 resistance.

 

The expected trend for today: Bearish

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