The EURUSD pair begins testing the bullish channel’s support line, waiting to break this level to confirm rallying towards our next target at 1.1181, to keep the bearish trend valid for the rest of the day unless breaching 1.1443 level and holding with a daily close above it.
Expected trading range for today is between 1.1270 support and 1.1400 resistance.
Expected trend for today: Bearish