Midday update for the EURUSD 16-09-2020

Economies.com
2020-09-16 09:30AM UTC

The EURUSD pair trades positively now to approach the key resistance 1.1885, which represents one of the next trend keys besides 1.1840 support, 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 1.1760 support and 1.1940 resistance.

 

The expected trend for today: Depends on the above mentioned levels

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