Midday update for the EURUSD 23-02-2021
Economies.com
2021-02-23 10:09AM UTC
The EURUSD pair faces solid resistance at 1.2173, to show some slight bearish bias now, affected by stochastic negativity, while the EMA50 continues to support the price from below.
Until now, the bullish trend scenario will remain valid for today as long as 1.2064 remains intact, reminding you that our targets begin by breaching 1.2173 to open the way to head towards 1.2300 as a next station.
The expected trading range for today is between 1.2100 support and 1.2260 resistance.
The expected trend for today: Bullish
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