The EURUSD pair continues to decline calmly to keep approaching our first target at 1.0985, and the negative effect of the head and shoulders’ pattern that its signs appear on the chart still active, waiting for more decline in the upcoming sessions, reminding you that our next target extends to 1.0880, while holding below 1.1080 represents key condition to continue the expected decline.
The expected trading range for today is between 1.0940 support and 1.1080 resistance.
The expected trend for today: Bearish