The EURUSD pair resumes its negative trading heading towards our waited target at 1.0581, to keep the bearish trend active for the rest of the day, which depends on the stability below 1.0731, reminding you that the expected decline is temporary unless breaking the targeted level.
The EMA50 supports the suggested decline, while breaching 1.0731 represents a positive factor that will lead the price to regain its bullish correctional track that its next target located at 1.0852.
Expected trading range for today is between 1.0581 support and 1.0750 resistance.
Expected trend for today: Bearish