The EURUSD pair resumes its negative trading to approach our waited target at 1.1700, falling under continuous negative pressure coming by the EMA50, to support the chances of extending the bearish wave to target the previously recorded low at 1.1553 as a next main station.
Therefore, the bearish trend will remain suggested for today unless breaching 1.1785 level and holding above it.
Expected trading range for today is between 1.1680 support and 1.1840 resistance.
Expected trend for today: Bearish