Midday update for the EURUSD 28-09-2020

Economies.com
2020-09-28 09:08AM UTC

The EURUSD pair did not show any strong move since morning, to continue fluctuating around 1.1640, thus, no change to the bearish trend scenario that depends on the price stability below 1.1720, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 1.1540.

 

The expected trading range for today is between 1.1540 support and 1.1700 resistance.

 

The expected trend for today: Bearish

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