The EURUSD pair managed to reach our waited target at 1.1605, falling under more negative pressure that allows us to suggest the continuation of the bearish trend domination in the upcoming period, reminding you that our next target reaches 1.1553.
Therefore, we will keep our bearish overview supported by the negative pressure formed by the EMA50, unless the price rallied bullishly to breach 1.1785 level and hold above it.
Expected trading range for today is between 1.1530 support and 1.1700 resistance.
Expected trend for today: Bearish