The EURUSD pair trades with clear positivity now to test the correctional bearish channel’s resistance, and as long as the price is below 1.2173, our bearish overview will remain valid for today, as breaching this level will push the price to regain the main bullish trend again, while the targets of the expected bearish wave begin at 1.2064 and extend to 1.1976.
The expected trading range for today is between 1.2000 support and 1.2170 resistance.
The expected trend for today: Bearish