The EURUSD pair resumes its negative trades to move away from the broken support of the bullish channel, which supports the continuation of our bearish overview for the rest of the day, which targets 1.1780 as a first main station, being aware that we need to monitor the price behavior at this level, as breaking it will extend the bearish wave to reach 1.1700 as a next target, while the expected decline will remain valid unless breaching 1.1888 and holding above it.
The expected trading range for today is between 1.1760 support and 1.1900 resistance.
The expected trend for today: Bearish