The EURUSD pair didn’t show any strong move since morning, crawling calmly to test 1.1600 barrier now, as long as the price below 1.1679 level, so the bearish trend will remain preferred for today, supported by the negative pressures that formed by the EMA50, waiting for visiting 1.1423 level mainly.
Holding below 1.1679 for the continuation of the bearish trend that affected by the completed head and shoulders pattern.
Expected trading range for today is between 1.1500 support and 1.1690 resistance.
Expected trend for today: Bearish