The EURUSD pair resumes its negative trades strongly to approach our waited target at 1.1525, reinforcing the expectations of continuing the bearish trend for the rest of the day, supported by stochastic negativity, noting that breaking the mentioned level will extend the bearish wave to reach 1.1400 on the near term basis, while holding below 1.1615 represents key condition to continue the expected decline.
The expected trading range for today is between 1.1500 support and 1.1640 resistance.
The expected trend for today: Bearish