Midday update for the EURUSD 29-09-2022

Economies.com
2022-09-29 09:35AM UTC

The EURUSD pair shows more bearish bias to move away from 0.9700, reinforcing the expectations of continuing the bearish trend for the rest of the day, which targets 0.9550 level as a next main station, supported by stochastic and the EMA50 negativity, reminding you that the continuation of the bearish wave depends on the price stability below 0.9700.

 

The expected trading range for today is between 0.9580 support and 0.9750 resistance.

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The expected trend for today: Bearish

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