The EURUSD pair hovers around the EMA50 since morning, and didn’t show any strong move, waiting for the US data today, which might cause high volatility at the markets.
In general, we will keep our bearish overview for today as long as 1.1375 level remains intact, reminding you that our main waited targets begin at 1.1240 and extend to 1.1150.
The expected trading range for today is between 1.1200 support and 1.1375 resistance.
The expected trend for today: Bearish