The tight range dominates the EURUSD pair’s trading since yesterday, which continues to fluctuate at the bullish channel’s support line, waiting to break this support to confirm the continuation of the bearish wave that targets 1.1181 level as a next station.
We remind you that holding below 1.1443 is important to continue the expected decline, as breaching it will lead the price to achieve gains that start at 1.1550 and extend to 1.1705.
Expected trading range for today is between 1.1270 support and 1.1420 resistance.
Expected trend for today: Bearish