Midday update for the EURUSD 13-01-2020
Economies.com
2020-01-13 10:13AM UTC
The EURUSD pair tests the initial critical resistance at 1.1140 and bounced lower from there, as we mentioned this morning, holding below this level and below 1.1180 keeps the intraday bearish trend scenario valid for today, targeting 1.1060 level, taking into consideration that breaching the mentioned resistance levels will open the way towards achieving new gains that begin at 1.1350 mainly.
The expected trading range for today is between 1.1030 support and 1.1200 resistance.
The expected trend for today: Bearish
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