Evar_Mayi

Midday update for EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
The euro/dollar pair is trading negatively, to test the pivotal support 1.0795, waiting to break this level to confirm the continuation of the bearish wave, and head towards our next main target at 1.0730.

From here, the bearish trend scenario will remain valid and effective, supported by the negative pressure formed by the EMA 50, with a reminder of the importance of stability below 1.0835 levels for the expected decline to continue.

The expected trading range for today is between the support 1.0730 and the resistance 1.0880

The expected general tendency for today: is bearish

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