Midday update for the EURUSD 22-09-2020

Economies.com
2020-09-22 09:11AM UTC

The EURUSD pair resumes its negative trades to start pressing on 1.1720 level, reinforcing the expectations of continuing the bearish trend for the rest of the day, reminding you that breaking this level is considered as the key to rally towards 1.1540 as a next correctional target, while failing to confirm the break will push the price to achieve intraday gains that starts by testing 1.1860 areas before any new attempt to decline.

 

The expected trading range for today is between 1.1670 support and 1.1840 resistance.

 

The expected trend for today: Bearish

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