Midday update for the EURUSD 26-09-2022
Economies.com
2022-09-26 11:10AM UTC
The EURUSD pair provided positive trades to test the key resistance 0.9700 that forms solid barrier against the price, to rebound bearishly and head towards resuming the bearish wave again, on its way to visit our next main target at 0.9510.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 0.9700 and hold above it.
The expected trading range for today is between 0.9550 support and 0.9730 resistance.
The expected trend for today: Bearish
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