The EURUSD pair opened this week’s trading with a bearish gap that put it below 1.3215 level, hinting that more negative trading will be waited for the upcoming period.
Thus, we will continue to suggest the bearish trend on the intraday and short term basis, and the next targets reach 1.3040 in case the price managed to achieve a daily close below 1.3215, noting that holding above this level might push the price for rising attempts that its targets reach towards 1.3360 and 1.3430.
Expected trading range for today is between: 1.3100 support and 1.3290 resistance.
Expected trend for today: Bearish