Midday update for the EURUSD 23-09-2020
Economies.com
2020-09-23 09:12AM UTC
The EURUSD pair keeps its stability below 1.1720 level, to keep the negative pressure valid for today, waiting to get negative momentum that pushes the price to resume the bearish trend that its next main target located at 1.1540, noting that the EMA50 supports the suggested bearish wave, which its continuation requires holding below 1.1720.
The expected trading range for today is between 1.1580 support and 1.1750 resistance.
The expected trend for today: Bearish
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