The EURUSD pair keeps declining to approach our extended target at 1.1400, getting continuous support by the EMA50, which reinforces the chances of continuing the bearish trend to surpass the mentioned level and open the way to target 1.1300 areas on the near term basis.
Therefore, we will continue to suggest the bearish trend for the upcoming period, reminding you that it is important to hold below 1.1525 to continue the expected decline.
The expected trading range for today is between 1.1350 support and 1.1500 resistance.
The expected trend for today: Bearish