The EURUSD pair provided strong negative trades to reach the thresholds of the waited targe tat 1.0650, and returns to the bearish channel to reinforce the expectations of continuing the bearish trend in the upcoming sessions, noting that breaking this level will extend the bearish wave to reach 1.0520 as a next main station.
On the other hand, we should note that breaching 1.0730 will stop the expected bearish wave and lead the price to attempt to recover and achieve gains on the intraday basis.
The expected trading range for today is between 1.0640 support and 1.0780 resistance.
The expected trend for today: Bearish