The EURUSD pair continues to fluctuate at the correctional bearish channel’s support line, and as long as the price is below 1.1720, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, waiting to get negative motive that assists to push the price to achieve our next target at 1.1540.
The expected trading range for today is between 1.1580 support and 1.1720 resistance.
The expected trend for today: Bearish