EURUSD midday update on 13-11-2023

The EURUSD pair is currently testing key resistance at 1.0695 and consolidating below it, with stochastic touches of overbought territory awaiting the expected resumption of the bearish trend today. Its target starts at 1.0640 and extends to 1.0540 as the next level after breaking the previous level, reminding you that it is important to stay below 1.0695 to continue the expected decline.

The expected trading range today is between support at 1.0600 and resistance at 1.0740.

Expected trend today: Bearish