The EURUSD pair trades with clear negativity to start pressing on the intraday bullish channel’s support line and trades below it now, which support the continuation of our bearish overview efficiently for the rest of the day, reminding you that we are waiting to visit 1.1975, which breaking it represents the key to rally towards 1.1880 as a next negative target, while the expected decline will remain valid unless the price rallied to breach 1.2064 and hold above it.
The expected trading range for today is between 1.1950 support and 1.2100 resistance.
The expected trend for today: Bearish