The EURUSD pair shows new negative trades to break 1.0630 level and presses on the bearish channel’s support line, reinforcing the expectations of continuing the bearish trend domination in the upcoming sessions, waiting to head towards our next main target at 1.0500, noting that it is important to consolidate below 1.0630 to continue the expected decline.
The expected trading range for today is between 1.0560 support and 1.0700 resistance.
The expected trend for today: Bearish