The EURUSD pair continues to crawl downwards to fluctuate around the bearish channel’s support line, waiting for more decline to visit 1.1400 as a first target, which breaking it represents the key to rally towards 1.1300 as a next negative station, noting that the continuation of the expected decline depends on the price stability below 1.1525.
The expected trading range for today is between 1.1350 support and 1.1500 resistance.
The expected trend for today: Bearish