The EURUSD pair could not manage to hold for long time above 1.1443 level, as it traded with strong negativity yesterday to settle below the mentioned level, noticing that the recent trades are confined inside a minor bullish channel that we believe it forms bearish flag pattern, which means that breaking 1.1405 will activate the negative effect of this pattern and press the price to suffer more losses.
Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 1.1443 and holding above it again, noting that the expected negative targets begin at 1.1300 and extend to 1.1181.
Expected trading range for today is between 1.1320 support and 1.1500 resistance.
Expected trend for today: Bearish