The EURUSD pair attempts to breach the intraday bearish channel’s resistance, which urges caution from the upcoming trading, as breaching this level might push the price to test 1.1615 level before any new attempt to decline, reminding you that our negative targets begin at 1.1525 and extend to 1.1400 after breaking the previous level.
The expected trading range for today is between 1.1460 support and 1.1615 resistance.
The expected trend for today: Bearish