Midday update for the EURUSD 29-01-2020

Economies.com
2020-01-29 11:10AM UTC

The EURUSD pair shows more bearish bias to press on 1.1000 barrier, waiting for more decline for the rest of the day, supported by the negative signal provided by stochastic, reminding you that our main targets begin at 1.0985 and extend to 1.0880, reminding you that the continuation of the bearish wave depends on the price stability below 1.1080.

 

The expected trading range for today is between 1.0940 support and 1.1080 resistance.

 

The expected trend for today: Bearish

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