The EURUSD pair attempted to break 1.0500 level this morning and returns to fluctuate above it, moving within bearish channel that supports the expectations of extending the bearish wave on the intraday and short term basis, reminding you that our next target is located at 1.0450, while achieving it requires holding below 1.0630.
The expected trading range for today is between 1.0450 support and 1.0610 resistance.
The expected trend for today: Bearish