Forex

Midday update for the EURUSD 26-10-2020

2020-10-26 09:17:10 GMT (Economies.com)

The EURUSD pair shows bearish bias now that hints resuming the expected bearish track for today, to keep the negative scenario valid and active for the upcoming sessions, supported by stochastic negativity, reminding you that our main waited target is located at 1.1720, while holding below 1.1880 represents key condition to continue the suggested decline.

 

The expected trading range for today is between 1.1750 support and 1.1900 resistance.

 

The expected trend for today: Bearish temporarily

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