Midday update for the EURUSD 29-10-2020

Economies.com
2020-10-29 09:43AM UTC

The EURUSD pair tests the key support 1.1720, which represents one of the next trend keys besides 1.1785 resistance, and as we mentioned this morning, the price needs to surpass one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.

 

To review the details of the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 1.1650 support and 1.1850 resistance.

 

The expected trend for today: Neutral

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