The EURUSD pair rebounds bearishly after retesting 1.1443 level, to keep the bearish trend scenario active for the upcoming period, affected by the head and shoulders’ pattern that was completed previously, waiting to test 1.1300 level as a first station, reminding you that the extended target reaches 1.1181, while holding below 1.1443 represents key condition to continue the expected decline.
Expected trading range for today is between 1.1300 support and 1.1500 resistance.
Expected trend for today: Bearish