Forex

Midday update for the EURUSD 15-08-2022

2022-08-15 08:52:13 GMT (Economies.com)

The EURUSD pair shows additional negative trades to approach the bullish channel’s support line, to support the continuation of the expected bearish trend scenario for the upcoming period, which depends on the price stability below 1.0278, supported by moving below the EMA50, reminding you that our waited targets begin at 1.0200 and extend to 1.0100.

 

The expected trading range for today is between 1.0150 support and 1.0300 resistance.

 

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The expected trend for today: Bearish

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