Midday update for the EURUSD 16-06-2021

Economies.com
2021-06-16 09:37AM UTC

The EURUSD pair didn’t show any strong move since morning, to continue fluctuating around 1.2125 level, and as long as the price is below 1.2175, our bearish overview will remain valid for today, supported by the EMA50, reminding you that our next target is located at 1.2064.

 

The expected trading range for today is between 1.2040 support and 1.2190 resistance.

 

The expected trend for today: Bearish

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