Midday update for the EURUSD 22-10-2020
Economies.com
2020-10-22 09:01AM UTC
The EURUSD pair tested the bullish channel’s resistance and still below it until now, which keeps the bearish trend scenario active for today, which targets 1.1720 mainly, reminding you that breaching 1.1870 will stop the negative overview and push the price to rise again and head towards 1.2011 initially.
The expected trading range for today is between 1.1740 support and 1.1900 resistance.
The expected trend for today: Bearish temporarily
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