Midday update for the EURUSD 30-10-2020
Economies.com
2020-10-30 10:34AM UTC
The EURUSD pair shows negative trades now that hints the price head to resume the expected bearish trend for today, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 1.1540, while the expected decline will remain valid unless the price rallied to breach 1.1720 followed by 1.1750 levels and hold above them.
The expected trading range for today is between 1.1600 support and 1.1750 resistance.
The expected trend for today: Bearish
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