The EURUSD pair showed new negative attempts this morning but it returns to move above 1.1700, while the EMA50 keeps pushing negatively on the price, to keep the bearish trend scenario valid in the upcoming sessions, reminding you that our next main target is located at 1.1605.
The continuation of the expected decline depends on holding below 1.1785, as breaching it will push the price to achieve gains that start at 1.1929.
Expected trading range for today is between 1.1605 support and 1.1785 resistance.
Expected trend for today: Bearish