The EURUSD pair trades with clear negativity since morning to begin to test 50% Fibonacci level at 1.1285, waiting for surpassing this level to open the way towards heading to our main waited target for today at 1.1180.
Therefore, our bearish trend expectations will remain valid efficiently for the rest of the day supported by the EMA50, unless breaching 1.1385 then 1.1465 levels and holding above them.
Expected trading range for today is between 1.1200 support and 1.1465 resistance.
Expected trend for today: Bearish