The EURUSD pair tested 1.1420 level this morning and settled below it, to keep the bearish trend scenario valid for the rest of the day, waiting for surpassing 1.1355 level to confirm the extension of the bearish wave to 1.1196.
The EMA50 keeps supporting the suggested bearish wave, and its continuation conditioned by holding below 1.1420 level.
Expected trading range for today is between 1.1264 support and 1.1470 resistance.
Expected trend for today: Bearish