Midday update for the EURUSD 18-08-2022

Economies.com
2022-08-18 09:17AM UTC

The EURUSD pair shows weak trades since morning, thus, no change to the bearish trend scenario that depends on the price stability below 1.0200 level, supported by the negative pressure formed by the EMA50, reminding you that our main targets begin at 1.0100.

 

The expected trading range for today is between 1.0090 support and 1.0230 resistance.

 

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The expected trend for today: Bearish

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